Welcome to the Traders Laboratory Forums.
Money Management Risk and money management related topics.

Reply
Old 08-24-2010, 02:50 PM   #9

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: Index Futures Risk Management

Quote:
Originally Posted by macdfx »
Another item that traders should check is whether their stops are placed natively on the exchange, or held on the brokers server (or even worst, on your own platform) for queuing.

For instance, that hard stop with OEC isn't actually in the market, on the exchange, but actually on OEC servers.
And never had 1 problem with it.

Good to see you are back to bashing OEC macd, been awhile. Do you and Tams take turns?
brownsfan019 is offline  
Reply With Quote
Old 08-24-2010, 02:51 PM   #10

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: Index Futures Risk Management

Quote:
Originally Posted by macdfx »

Good luck with that in a fast moving market.
Yep, never an issue here.

But good try.

brownsfan019 is offline  
Reply With Quote
Old 08-24-2010, 03:30 PM   #11

Tams's Avatar

Join Date: Sep 2008
Location: Geelong
Posts: 3,774
Ignore this user

Thanks: 2,084
Thanked 1,474 Times in 912 Posts

Re: Index Futures Risk Management

a good stop will protect you from a wrong entry,
but will not be triggered by noise.
__________________



Only an idiot would reply to a stupid post

Last edited by Tams; 08-24-2010 at 03:51 PM.
Tams is offline  
Reply With Quote
Old 08-24-2010, 05:26 PM   #12

natedredd10's Avatar

Join Date: Dec 2009
Location: wny
Posts: 111
Ignore this user

Thanks: 2
Thanked 38 Times in 25 Posts

Re: Index Futures Risk Management

Quote:
Originally Posted by bathrobe »
When I am scalping (1.5 points or less) I use a fixed stop of 1 point and take off 80% of position at 1 point-and let the rest run.
Kind of meaningless without knowing the capital you are swinging...Assuming though you are trading 5 cars to take off 4/80% to leave a contract to run..i think this is -EV because you are not juicing big winners with taking all off at 1 point...Like your trying to build this steady equity curve by deleting the variance of losing vs random huge outlier wins(outlier wins that are juiced on 2 or 3 cars)....That seems to me to be a great strategy to make a break even equity curve.

Last edited by natedredd10; 08-24-2010 at 05:37 PM.
natedredd10 is offline  
Reply With Quote
The Following User Says Thank You to natedredd10 For This Useful Post:
bathrobe (08-24-2010)
Old 08-24-2010, 07:10 PM   #13

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Re: Index Futures Risk Management

This thread is a great example of what is going on around here... I post about the topic, no mention of OEC or anything yet MACD wants to chime in and take it off topic.



Just another example of a thread that could be a good one to discuss but the personal attacks continue.
brownsfan019 is offline  
Reply With Quote
Old 08-24-2010, 07:20 PM   #14

brownsfan019's Avatar

Join Date: Jan 2007
Location: USA
Posts: 4,255
Ignore this user

Thanks: 1,912
Thanked 1,789 Times in 895 Posts

Exclamation Re: Index Futures Risk Management

Quote:
Originally Posted by macdfx »
Another item that traders should check is whether their stops are placed natively on the exchange, or held on the brokers server (or even worst, on your own platform) for queuing.

For instance, that hard stop with OEC isn't actually in the market, on the exchange, but resides instead on OEC servers for execution upon being hit.

Good luck with that in a fast moving market.
Good example of why people that don't use the software should really just keep their comments to something they know - here's how OEC handles stops. Not quite the same picture you are attempting to paint here.

Next time maybe take the time to verify your information being presented here instead of just random guessing.
brownsfan019 is offline  
Reply With Quote
The Following User Says Thank You to brownsfan019 For This Useful Post:
macdfx (08-24-2010)
Old 08-24-2010, 07:32 PM   #15

bathrobe's Avatar

Join Date: Jan 2008
Location: San Francisco
Posts: 475
Ignore this user

Thanks: 697
Thanked 708 Times in 282 Posts

Re: Index Futures Risk Management

Quote:
Originally Posted by natedredd10 »
Kind of meaningless without knowing the capital you are swinging...Assuming though you are trading 5 cars to take off 4/80% to leave a contract to run..i think this is -EV because you are not juicing big winners with taking all off at 1 point...Like your trying to build this steady equity curve by deleting the variance of losing vs random huge outlier wins(outlier wins that are juiced on 2 or 3 cars)....That seems to me to be a great strategy to make a break even equity curve.
I momentum scalp around news releases at levels. I should have included that this method is far better than 50% winners, making it profitable for me. I leave the 20% on with a stop loss at the theoretical average +1 tick
bathrobe is offline  
Reply With Quote
Old 08-24-2010, 08:23 PM   #16



Join Date: Apr 2010
Posts: 1,103
Ignore this user

Thanks: 125
Thanked 392 Times in 224 Posts

Re: Index Futures Risk Management

I've removed a few posts since there was unnecessary name calling -- keep it on topic please. Thanks!

MMS
MadMarketScientist is offline  
Reply With Quote
The Following User Says Thank You to MadMarketScientist For This Useful Post:
bathrobe (08-24-2010)

Reply

Thread Tools
Display Modes Help Others By Rating This Thread
Help Others By Rating This Thread:


Similar Threads
Thread Thread Starter Forum Replies Last Post
[Press Release] ESignal Chooses Mirus Futures and Zen-Fire... Soultrader Announcements 0 08-18-2009 10:44 AM
Diversification Is Not Enough brownsfan019 Trading and the Markets 1 06-10-2009 08:29 AM
Intro to Mini Hang Seng Index Futures Soultrader Futures Trading Laboratory 28 08-27-2008 07:09 AM
10 Ways We Get the Odds Wrong MrPaul Trading Psychology 0 02-06-2008 06:19 PM
CBOT To Launch Futures Contract Based on Dow Jones U.S. Real Estate Index MrPaul Futures Trading Laboratory 4 04-03-2007 09:26 AM

All times are GMT -4. The time now is 07:02 AM.
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd.
CS to VB integration by DeskLancer
©2006-2011 Traders Laboratory, All Rights Reserved.