Middle analysis - Taking home the Pips

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pitboss
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Postby pitboss » Wed May 21, 2008 5:21 pm

Made an error in previous post regarding entry position calculation, should be:

Short = open greater than previous middle * 1.002

Long = open less than previous middle *.998

Sorry about that :!:

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RicG
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Postby RicG » Wed May 21, 2008 11:43 pm

pitboss,

Here are results for the first three days:

Sun 5-18 $2,685.00
Mon 5-19 $5,402.00
Tues 5-20 ($5,319.00)

Week Total $2,768.00

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF.

Sunday and Monday all four pairs were winners (8-0) and today all four pairs were losers (4-0).

I'll keep everybody posted on my papertrading.

Ric

pitboss
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Postby pitboss » Thu May 22, 2008 12:03 am

Current Results:

Date 5/20/2008
# Prev Win 29
$ Prev Win 5229.77
# Prev Lose 22
# Prev Lose 2603.28
# Curr Win 0
$ Curr Win 0
# Curr Lose 4
$ Curr Lose 622.86
Avg Win 180.34
Avg Lose 124.08
Advantage 29.4%

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TheRumpledOne
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Postby TheRumpledOne » Thu May 22, 2008 2:49 pm

Nice work, PitBoss.

Can you post the results per currency so we can see which currency looks to be the best trade.

Thanks.
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.

pitboss
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Postby pitboss » Thu May 22, 2008 8:37 pm

Current demo results:

Date 5/21/2008
# Prev Win 29
$ Prev Win 5229.77
# Prev Lose 26
# Prev Lose 3226.15
# Curr Win 3
$ Curr Win 578.23
# Curr Lose 1
$ Curr Lose 159.95
Avg Win 181.50
Avg Lose 125.41
Advantage 32.7%

Last of demo postings, I went live today with a small $5k account and will start posting those results.

Current Live Results:

Bankroll 5,000
Advantage 3.00%
Num to Buy 4
$ Risk Each 66
Total $ Risk 264
Est Wk Profit $240.05

,Price, Avg Pip Loss, Buy Lots
EUR, 1.5782, 0.0122, 0.5
GBP, 1.9715, 0.0123, 0.5
CHF, 1.0259, 0.0081, 0.8
JPY, 1.0307, 0.0075, 0.9

( 1=L 2=S )
,Position, Lots, Paid, Sold, Comm, Net
EUR, 2, 0.5, 1.57820, 1.57130, 0.79, 33.71
GBP, 2, 0.5, 1.97150, 1.98090, 0.99, -47.99
CHF, 1, 0.8, 1.02590, 1.03190, 0.80, 45.72
JPY, 1, 0.9, 1.03070, 1.03980, 0.90, 77.87
109.31

Date, 5/21/2008
# Prev Win 0
$ Prev Win 0
# Prev Lose 0
# Prev Lose 0
# Curr Win 3
$ Curr Win 157.3
# Curr Lose 1
$ Curr Lose 47.99
Avg Win 52.43
Avg Lose 47.99
Advantage 56.9%

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RicG
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Postby RicG » Thu May 22, 2008 9:24 pm

My updated results:

Sun 5-18 $2,685.00
Mon 5-19 $5,402.00
Tues 5-20 ($5,319.00)
Wed 5-21 $1,120.00
Thurs 5-22 $0.00
Fri 5-23 $0.00
Week Total $3,888.00

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF
(Disclaimer - This post is for educational purposes only. Always consult a licensed investment professional before taking any trade. Any trade you take is at your own risk.)

pitboss
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Postby pitboss » Fri May 23, 2008 5:14 am

This is an excel spreadsheet that I use make all the calculations for position sizing relative to bankroll and advantage. It's pretty self explanitory and easy to use. Your welcome to use it.
Attachments
forex_buy_position.xls
Forex Position Size and Advantage
(24 KiB) Downloaded 110 times

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RicG
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Postby RicG » Fri May 23, 2008 9:11 pm

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm:

Entry Date $Profit/Loss (Win Loss)
Sun 5-18 $2,685.00 ( 4 0)
Mon 5-19 $5,402.00 (4 0)
Tues 5-20 ($5,319.00) (0 4)

Wed 5-21 $1,120.00 (3 1)
Thurs 5-22 $1,790.00 (4 0)

Week Total $5,678.00 (15 5)

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF

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RicG
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Postby RicG » Fri May 23, 2008 9:12 pm

Here are the results of the first week of my paper trading pitboss's system. Obviously a very impressive week, but his longterm stats show this is not the norm:

Entry Date $Profit/Loss (Win Loss)
Sun 5-18 $2,685.00 ( 4 0)
Mon 5-19 $5,402.00 (4 0)
Tues 5-20 ($5,319.00) (0 4)

Wed 5-21 $1,120.00 (3 1)
Thurs 5-22 $1,790.00 (4 0)

Week Total $5,678.00 (15 5)

Above represents 10 units for each of the following: USD/JPY, GBP/USD, EUR/USD, USD/CHF

pitboss
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Postby pitboss » Fri May 23, 2008 11:06 pm

Current live results:

Date 5/22/2008
# Prev Win . . . . 3
$ Prev Win . . . . 157.3
# Prev Lose . . . 1
$ Prev Lose . . . 47.99
# Curr Win . . . 1
$ Curr Win . . . 109.59
# Curr Lose . . 0
$ Curr Lose . . . 0
Avg Win . . . . . 66.72
Avg Lose . . . . 47.99
Advantage . . . 91.2%

South sea island, here I come :)

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