$TRILLION STRATEGY

trading strategies and money management discussion, code, results

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Accrete
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Postby Accrete » Thu Feb 22, 2007 7:32 am

My $Trillion Trades for the day. Entered three:

Image

This is pretty fun stuff.

: ) Thom

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Postby TheRumpledOne » Thu Feb 22, 2007 8:29 am

$TRILLION

IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby TheRumpledOne » Thu Feb 22, 2007 9:18 am

Accrete wrote:My $Trillion Trades for the day. Entered three:

Image

This is pretty fun stuff.

: ) Thom


Looks like you're a quick study, Thom... Nice trading.

Is this manual or automated?
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Accrete
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Postby Accrete » Thu Feb 22, 2007 12:55 pm

Manualy entered trades.

If i've been understanding all this, (and all these trades since last week have grabbed their profit target) I go to the charts the hour before rollover, determine what looks to be high probability setups taking rollover interest into account and enter accordingly. Then set the TP and try not to look at the currency as it wanders around during the Asian doldrums. . . Which is one reason i volunteered to work for my employer during the evening shift. If i'm not there to tweak the trades they can just do what they (seem) to do and churn out a profit.

: ) Thom

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Postby pipette4x » Thu Feb 22, 2007 1:22 pm

Accrete wrote:Manualy entered trades.

If i've been understanding all this, (and all these trades since last week have grabbed their profit target) I go to the charts the hour before rollover, determine what looks to be high probability setups taking rollover interest into account and enter accordingly. Then set the TP and try not to look at the currency as it wanders around during the Asian doldrums. . . .

: ) Thom


Congrats Thom. What kind of stop losses have you been using for your trades. I've had success on the gbp and have just started to look at the other 3 majors.

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Postby Accrete » Thu Feb 22, 2007 1:45 pm

...on stop loss settings...

Kids don't try this at home. grin.

I only have catastrophic SLs set, such as 100 or so pips out there. Look at the 5 or 15m chart, how difficult is it for the Asian range alone to move 12 to 15 pips in both directions from the day's open before the London session begins? Not hard at all.

I think somewhere in this thread Avery talks about utilizing large SL settings and letting this trade just do it's thing. The other day i had two of the four majors take nearly all day to finaly retrace to grab the pips. It went about 45 pips against the entry. . . only to go past my TP by an additional 30 or so pips. Many days it's just a roller coaster ride, this has been a good lesson in simplicity and discipline.

As Avery stated in an above post EGO is a big issue when it's someone elses model we are trading. . . and trusting something so simple can be a stretch at times. . . also remember that i've only been doing this a couple weeks, so out of the dozen or so trades entered (and i may not trade every day) all but three have closed out in profit during the Asian session before London opened. This is a very small sample rate and anything can happen in the future, though Avery states he has traded this for sometime and it is consistantly profitable. I am choosing to just take him at his word, put my EGO aside and trust.

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Postby TheRumpledOne » Thu Feb 22, 2007 2:48 pm


DO NOT TAKE ME AT MY WORD. RUN THE STATISTICS YOURSELF.

USE THE MONEY MANAGEMENT SPREADSHEET I POSTED TO DETERMINE YOUR STOP LOSS.

DO NOT LET ONE TRADE WIPE OUT YOUR PROFITS AND MORE!
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!



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Postby BP » Thu Feb 22, 2007 4:05 pm

TRO,

So, just trying to understand the spreadsheet...if we are 70% of the time hitting our TP and we set the "moving against" or the SL at 15, then we see that we should bring in on average 19 pips profit a week? Is that right?

I guess my question is that it seems that we would be stopped out quite a bit with such a small stop loss....

I understand that you are hesitant to have us do what you do...but could you give an example, with this strategy, as to what you would set your SL at?

I am confused on this matter. Please help me....

Thanks,

BP

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Postby vittorio » Thu Feb 22, 2007 4:42 pm

Avery,

Thanks for keeping up with this tread ...

Sorry if i will boring you ...but for learning I would ask you two things:

1) Is possible to post your _SMAA_STATISTICS code for tradestation or the statistics that are the base of this very interesting method?

2) The strategy seems to be sensitive to the start time.
I read in another tread that the strategy works FINE on EurUsd for all the 2006 with the following custom SESSION HOURS SET UP (in exchange time zone):
Sun 2.58 pm Mon 2.58 pm
……..
Now instead we are trying with this Setup:
Sun 3.58 pm Mon 3.58 pm
……..
Is this change based on a statistics or is it a discretionary choice ?

Could you explain which' has been the criterion that has made you to select in the 2006 : start Time to the 2,58 pm ? (among other things a shining intuitions )
And now start Time to the 3,58 pm ?

Thanks again gentlemen
Vittorio
p.s. Sorry for my English

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Postby pipette4x » Thu Feb 22, 2007 4:49 pm

vittorio wrote:Avery,

2) The strategy seems to be sensitive to the start time.
I read in another tread that the strategy works FINE on EurUsd for all the 2006 with the following custom SESSION HOURS SET UP (in exchange time zone):
Sun 2.58 pm Mon 2.58 pm
……..
Now instead we are trying with this Setup:
Sun 3.58 pm Mon 3.58 pm
……..
Is this change based on a statistics or is it a discretionary choice ?

Could you explain which' has been the criterion that has made you to select in the 2006 : start Time to the 2,58 pm ? (among other things a shining intuitions )
And now start Time to the 3,58 pm ?


p.s. Sorry for my English


hi Vittorio

What time zone are you referring to? eastern std time?

My understanding is that you enter at close of candle not 2 min before. where did you read this? thanks

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