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HiTex and everyone else,
I have noticed that my automated strategy has taken a ton of losses after entry due to the volatility recently. Premature exits also. When you see that happen, it is time to go back to the manual entries and work on adding a filter. Has anyone else noticed excessive slip lately?
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Hi Steve,
We focus solely on the currencies, and wrapped it up towards the end of 1st week Dec, which has become a normal habit over time. So we haven't been affected by the usual thin conditions leading into year end.
Again, August causes problems with diluted volumes & it's a case of either standing aside, reducing potential profit expectations or switching to a shorter strat framework.
My brother got tangled up a bit during mid Oct (Cable) with a few false starts, but then it's to be expected every now & then.
What kind of filters do you operate in such conditions? Are they worked around your automated model or structured alongside your manual execution.
I tend to change tack slightly when the mini (hourly) trends begin unseating me. Maybe drilling down a timeframe or two & booking 1st line profits earlier, whilst trailing the remainders a little closer until the field opens up again.
Always a very annoying & frustrating occurance, but thankfully, not a consistant problem on the majors.