tag:blogger.com,1999:blog-847353783015972405.post9061741575825709458..comments2024-07-09T08:54:08.623+01:00Comments on ElectronicLocal: More Trading Opportunities or Surer Trades - Which is BestElectronic Localhttp://www.blogger.com/profile/10539999419310383613noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-847353783015972405.post-38867479357053139272010-01-31T13:00:08.460+00:002010-01-31T13:00:08.460+00:00Pavel, if you have a correct split then the same &...Pavel, if you have a correct split then the same "rules" apply as to a single distribution day. Its distributions that count, not days. So yas, once price is accepted inside a previous days overlapping VA, then the expectation is that price should go to the other side of value. However, it depends on the momentum and order flow. Often, if price has already gone through one VA and enters the second profile then the second POC may stop price, especially if it is a very wide VA.Electronic Localhttps://www.blogger.com/profile/10539999419310383613noreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-24824669341788855972010-01-30T13:07:47.932+00:002010-01-30T13:07:47.932+00:00EL
very nice blog .I think I have not problem with...EL<br />very nice blog .I think I have not problem with context .I spent a lot time study your charts and try find out feeling and nuances for setup entry and exit orders. I have to admit that I do poorly with it.Anyway I would like ask you.Assume that you splited yesterday profile for two distributions and you have two value areas now. Today price leaves one VA and entry to other. IF PRICE IS ACCEPTED ,DO YOU EXPECT THAT GOES THROUGH WHOLE VALUE AREA ??. So if entry through LVA and is accepted in VA ,does reach HVA ??? Thank youPavelnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-4984701013551523372010-01-30T07:00:19.235+00:002010-01-30T07:00:19.235+00:00Well said EL, kinda like today. Slapping on a tra...Well said EL, kinda like today. Slapping on a trade below 77 or (holding one from above) gave 1070 as a not so ambitious target given that the market was literally sitting on stilts with the gap acting as a magnet from below.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-45501123876109203122010-01-30T06:08:30.443+00:002010-01-30T06:08:30.443+00:00Anon, you asked: "Are you assuming that you w...Anon, you asked: "Are you assuming that you will pull 6 points per contract on every three contracts". Not exactly, they were the recent stats of inside out trading. What I am saying that I believe you make less profit if you try and be too sure. Being "discretionary" allows you to take what the market gives.<br /><br />Annons, you can look at these stats in a million ways. I interested in a lot more than the win rate. This is just one example.Electronic Localhttps://www.blogger.com/profile/10539999419310383613noreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-49898248643750829472010-01-30T03:53:47.670+00:002010-01-30T03:53:47.670+00:00Sorry,
I figured out that I made a mistake.
Actual...Sorry,<br />I figured out that I made a mistake.<br />Actually, if Trader B's average net per day is over $900 per 3 contracts, his expected profit per 3 contracts should be over $978,average return plus expected loss $78.<br />So, Trader B's Risk/Reward is over 12.54.<br />Hope this time I am right.<br />Good luck for you and Kiki.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-32181581919803916632010-01-29T23:20:58.190+00:002010-01-29T23:20:58.190+00:00A little confused about this calculation. Are yo...A little confused about this calculation. Are you assuming that you will pull 6 points per contract on every three contracts traded? That is pretty ambitious unless I am misinterpreting what you are saying.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-847353783015972405.post-87515943729751097552010-01-29T19:49:45.405+00:002010-01-29T19:49:45.405+00:00Hi,
I read your blog very day. I appreciate what y...Hi,<br />I read your blog very day. I appreciate what you have done to help others.<br />Here, just my calculation. I hope it will be helpful.<br />Trader A has 90% win rate. So Trader A's expected profit per trade is 46*0.9=41.4 and expected loss is 104*0.1=10.4. Then, Trader A's Risk/Reward is 3.98.<br />Trader B has 75% win rate. If his average net per day is over $900 per 3 contracts(assume only one trade), we can infer that his expected return per day is over 900. His expected loss per day is 312*0.25=78. Then Trader B's Risk/Reward is over 900/78=11.54. Great!<br />Thank you again.Anonymousnoreply@blogger.com