tag:blogger.com,1999:blog-847353783015972405.post2415767619904804438..comments2023-12-05T23:36:32.393+00:00Comments on ElectronicLocal: Something's Broken? Part 3Electronic Localhttp://www.blogger.com/profile/10539999419310383613noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-847353783015972405.post-18124167713968838262011-01-26T12:10:14.997+00:002011-01-26T12:10:14.997+00:00Daniele, Return on maximum drawdown as long as its...Daniele, Return on maximum drawdown as long as its on about a year of intra day data. I look for high win rate and daily profitability. I want consistency.Electronic Localhttps://www.blogger.com/profile/10539999419310383613noreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-60981309223381329992011-01-26T11:25:55.833+00:002011-01-26T11:25:55.833+00:00What is your "best" concept of daily pro...What is your "best" concept of daily profit? what you prefer? return on account size or return on maximum drawdon, etc?<br /><br />Another question: when you have in mind your best, how you proceed to optime? what is the maths that you are searching?<br /><br />May you do a maths example of this, like in post "trading every day to make a living: part 4" for the Euro?<br /><br />Thank you<br />DanieleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-62002396622543160582011-01-25T14:34:14.305+00:002011-01-25T14:34:14.305+00:00What is your "best" concept of daily pro...What is your "best" concept of daily profit? what you prefer? return on account size or return on maximum drawdon, etc?<br /><br />Another question: when you have in mind your best, how you proceed to optime it? what is the maths that you are searching?<br /><br />May you do a maths example of this, like in post "trading every day to make a living: part 4" for the Euro?<br /><br /><br />Thank you<br />DanieleAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-78872895596220498292011-01-25T03:32:42.686+00:002011-01-25T03:32:42.686+00:00Vincent, if 75% is what's the most important t...Vincent, if 75% is what's the most important then of course it makes sense to build your TP around it. That's what I do. As far as you second question, that's a psychological question I'm not qualified to answer. As far as trading goes, if the maths of the daily limits is back tested as successful and it helps you maintain discipline then I would walk it forward and see how it works for you. I have used it and not used it. My greed is sometimes greater than my fear and I don't like to leave money on the table. If you have a pattern of giving money back because you lose focus after a number of hours then I would try daily limits.Electronic Localhttps://www.blogger.com/profile/10539999419310383613noreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-83203174011207401692011-01-24T20:48:20.619+00:002011-01-24T20:48:20.619+00:00I have defined an 75% win rate as most important t...I have defined an 75% win rate as most important to me as a trader and my psychological requirements. Should my whole trading plan be built around achieving this goal? <br /><br />Would it be detrimental to my psychological well-being with ~200 hours screen time to not put a daily win/loss limit in place?Vinhttps://www.blogger.com/profile/18132773541475259680noreply@blogger.com