2:20pm CST - The market had some nice moves but other than the first trade and almost the last trade (both ZS1), my systems did a poor job. Had lots of slippage today too!
| RESULTS FOR DAY |
|---|
| ZS Contracts: | 18 |
| Net $P/L: | -1605 |
| Wins: | 2 |
| Losses: | 3 |
| Win%: | 40 |
| Avg$Win: | 360 |
| Avg$Loss: | -775 |
How do you do position sizing? Is it on a trade by trade basis - or do you increase size on each subsequent trade, or each subsequent loss?
ReplyDeleteI don't mean to pry if that is proprietary system info, but just curious -
ReplyDeleteNot proprietary just don't normally discuss the details of my systems on my blog. I will say that I increased my base size from 2 to 3 contracts for March trading so you will see more volatility in my results. And there is a case in one system where I reverse a position with double size. Backtested results (per contract) are slightly better when doing this vs. trading a fixed size.
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