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Copernicus replied Jun 29, 2019Hi S. Interesting points. I need to be clear in that I am referring to random entries with diversified trend following systems. If you refer back to this post you will see how diversification tends to dampen the impact of whipsaws through ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 29, 2019Nice mate
. That goes into the playlist.50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 29, 2019Hear hear Mr Speaker. Been there and done that. Lost lots of weight though when deep in drawdown land so there was some good to it. My wife would disagree of course :-)
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 29, 2019Hehehe. That's what I like to see. Spirit and determination. I used to be a Martingale addict.....in fact I am not sure I have fully recovered. I now have to dabble with boring stuff here in purgatory.
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 29, 2019Hi D Definitely mate. The examples of random entries in diversified trend following programs are simply used to indicate that the entry is far less important than the exit with these styles....but it does not conclude that some form of filter might ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 28, 2019Nice video from Nick Radge on Systems Trading. :-) url
Diversified Trend Trading Approach
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Copernicus replied Jun 28, 2019:-) video video video video video
Diversified Trend Trading Approach
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Copernicus replied Jun 28, 2019I must admit I am a big fan of volatility based trailing and position sizing methods. With divergent market conditions when the ***** hits the fan, things move very fast and furious. Volatility based methods really assist risk management in ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 28, 2019Hi tzamo. I hope all is well mate :-) There is another Blog post of his which looks deeper into this mystery. In this post he compared random entries with trailing stops, random entries with random exits, random entries with profit targets, MA ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 28, 2019It is a tough nut to crack. If you are applying predictive methods such as mean reversion then entries matter. If you apply price following methods under diversification then exits rather than entries matter. I personally think that very few retail ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 28, 2019Hi AM. Great to hear from you. :-) I have had a bit of luck finding diversified solutions in FX using a vast array of divergent systems that seldom trade individually and restrict opportunities to 'extreme' price moves. Here is an EA example that is ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 27, 2019Here is a 21 year test undertaken by Jez Liberty on a portfolio of currencies and futures using a random entry condition of flipping a coin for short or long with a trailing stop condition and occasional re-balancing. Pretty good overall results. ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 27, 2019You can be a trend trader but not a diversified trend trader. For example you can trade a single market with a trend following system that cuts losses short and lets profits run....but you are unlikely to achieve long term success as the trending ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 27, 2019You caught me on a bad day. I like big words :-)
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 27, 2019Yes I was quite surprised considering your average loss was -$4.31 with an average win of $1.86 which is negative skew. Your floating P/L at -$5,223.20 represents a current drawdown of 5.10% on your equity which is not represented in your equity ...
50% win ratio, 1:1 sl tp, and random entries
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Copernicus replied Jun 27, 2019Interesting approach S. Provided that you can manage risk, preserve your capital and can tolerate long-winded drawdowns then you can stay in the game a very long time with methods such as these and slowly build the bank. :-)
50% win ratio, 1:1 sl tp, and random entries