Aliassmith Beats a "Dead Horse"

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Sep 19, 2016 12:01 pm

dchappy wrote:Hi Alias , a couple questions ,if you don't mind ....you have the atr on your charts, how important do you consider it for your entries & exits ?. Also , have you had any difficulty exiting large positions (20 + ) lots with 1 order . For me ,orders that large seem to cover in pieces ,(5 or less ) at a time .(Maybe it's my broker , or that I'm using market orders ? ) Thx


The atr isn't a big deal. Quick glance to make sure price has been moving enough.

All i can say is big orders take more slippage in relationship to market speed and volume. I've had big orders go all at once and others slip a bunch.
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Sacrophage
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Re: Aliassmith Beats a "Dead Horse"

Postby Sacrophage » Mon Sep 19, 2016 2:14 pm

Just like casinos give you free drinks, all decent brokers will fix this for you. Call them and tell them you need more liquidity - if you're using it, they'll make sure it's available to you. They give you dollars/time - generally tenths or hundredths of seconds.

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Sep 20, 2016 2:49 pm

Sacrophage wrote:Just like casinos give you free drinks, all decent brokers will fix this for you. Call them and tell them you need more liquidity - if you're using it, they'll make sure it's available to you. They give you dollars/time - generally tenths or hundredths of seconds.


Thanks for the info. If I ever get ambitious and build up the mental ability to trade at a higher level I'll consider doing it.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Sep 20, 2016 3:07 pm

I see my account balance go up, so I know what I am doing is working. Today I wanted to get a bit more detailed with my data. I decided to see what my PROFIT FACTOR is for September and my trade accuracy.

Adding all my gains and dividing them by all my losses I got a profit factor of 3.63
Counting all my wins and dividing them by all my trades, my win percentage is 75.5%
Taking my balance on September 20th and subtracting it from the balance on September 1st I gained 33.18%
Taking my biggest period of loss and dividing that by the balance I have my biggest drawdown of the period of 7.2%
I took the total $$ of my winning trades divided by the number of them and divided it by the $$ of the losing trades divided by the number of them. I got a ratio of 1.16
basically a ratio of my average wins divided by my average losses.

As you can see my numbers work and are at a "Professional" level in my opinion, but I am sure there are several of you out there that are doing better.

I share this because I know some of you want to see what is possible and have something to compare your stats to.
Last edited by aliassmith on Tue Sep 20, 2016 7:42 pm, edited 1 time in total.
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judokamak
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Re: Aliassmith Beats a "Dead Horse"

Postby judokamak » Tue Sep 20, 2016 3:20 pm

Your numbers are excellent aliass. Have you calculated avg. win and avg. loss by any chance?

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dchappy
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Re: Aliassmith Beats a "Dead Horse"

Postby dchappy » Tue Sep 20, 2016 3:21 pm

Thanks man....... :smt023 :smt023 :smt023

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Tue Sep 20, 2016 7:44 pm

judokamak wrote:Your numbers are excellent aliass. Have you calculated avg. win and avg. loss by any chance?


I did do that now. The ratio is 1.16 so my wins are slightly bigger than my losses on average.
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jrtrading
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Re: Aliassmith Beats a "Dead Horse"

Postby jrtrading » Tue Sep 20, 2016 8:05 pm

Thank you, your results are awesome.

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Re: Aliassmith Beats a "Dead Horse"

Postby judokamak » Tue Sep 20, 2016 8:23 pm

aliassmith wrote:
judokamak wrote:Your numbers are excellent aliass. Have you calculated avg. win and avg. loss by any chance?


I did do that now. The ratio is 1.16 so my wins are slightly bigger than my losses on average.



Thanks a lot aliass, i apprishiate it..

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Wed Sep 21, 2016 12:57 pm

Update 9-21-2016

Profit factor 4.59
Win percentage 75.0%
Gain 45.2%
Biggest drawdown 7.2%
Avg. wins$$/ Avg. loss $$ 1.53

That's how about 200 pips in a day can change the numbers. Market moved a bunch recently.
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