Thursday, May 11, 2017

Thurs. 5/11 -2.4%

1:40pm CDT - Testing... Trade management without breakeven stops is not always a good idea.
RESULTS FOR DAY
CL Contracts:2
Net $P/L: -418
Wins: 0
Losses: 2
Win%:0
Avg$Win: 0
Avg$Loss: -209
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4 comments:

  1. AnonymousMay 16, 2017 at 9:46 AM

    Hello, MBAGearhead.
    Been watching a long time. Thanks for he insight and great link list.
    A few questions for you.
    Where would I look to contract someone to code my trading method? Should I learn to do it myself?
    What's to stop a programmer from taking your ideas?
    Thanks!

    ReplyDelete
    Replies
    1. MBAGearheadMay 16, 2017 at 2:44 PM

      I guess it depends on your interest and abilities. What platform do you use to execute trades? I use Ninjatrader. Many use TradeStation. Either of them should be able to recommend 3rd party developers that could assist you. As for stealing your idea, there's no way to prevent that but you could find someone you trust and make them sign a confidentiality agreement. But they could still use your idea without you even knowing about it. You can likely find some programmers at https://futures.io or reach out to Kevin Davey http://kjtradingsystems.com.

      Delete
    2. AnonymousMay 16, 2017 at 7:44 PM

      Thanks for the suggestions. I manually enter trades on a DOM. Perhaps it's simple enough for me to do.
      One more question, if I may impose. Would you recommend Tradestation to attempt it on my own?

      Delete
    3. MBAGearheadMay 18, 2017 at 8:36 AM

      I don't know Tradestation's "EasyLanguage" but from what I've heard, it's one of the easiest to learn how to program (compared to others).

      Delete

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