tag:blogger.com,1999:blog-6514320583233596209.post7650593267625037838..comments2024-02-14T04:18:59.786-06:00Comments on MBAGearhead Trading Journey: Mon. 12/03MBAGearheadhttp://www.blogger.com/profile/05917765623543508978noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6514320583233596209.post-76200577794878229962012-12-04T14:47:30.938-06:002012-12-04T14:47:30.938-06:00Kroz, you are right that trading like this definit...Kroz, you are right that trading like this definitely racks up commissions. And "quality" setups varies by trader I guess. Perhaps random entries would work just as well with how I'm scalping.<br /><br />MM, yes that is all that really matters, positive E in the long run!<br /><br />TST, good idea but can't really draw any conclusions after a few days. Tues. trades I did better early on...MBAGearheadhttps://www.blogger.com/profile/05917765623543508978noreply@blogger.comtag:blogger.com,1999:blog-6514320583233596209.post-44902809699679144762012-12-03T22:58:30.488-06:002012-12-03T22:58:30.488-06:00MBA, lately your trades were better after you warm...MBA, lately your trades were better after you warmed up a bit..probably have something to do with the engineering/machines :) an idea > 1st part sim 2nd part live ?TSThttps://www.blogger.com/profile/03252248146918473416noreply@blogger.comtag:blogger.com,1999:blog-6514320583233596209.post-26694327485557764902012-12-03T17:55:41.828-06:002012-12-03T17:55:41.828-06:00@Kroz...interesting comments.
I've often batt...@Kroz...interesting comments.<br /><br />I've often battled with the idea of trading just "quality" setups or all of 'em. I've come to the conclusion that they are all quality if they end up with positive E over time.<br /><br />Commissions outweighing profits (but net profits being made)isn't inherently dangerous in my opinion IF you can maintain discipline/reduce error. The finer the edge, the easier it is to fluff up and the more faith that's required to trade it.<br /><br />MMJames Edwards-Marchehttps://www.blogger.com/profile/08729606707965946825noreply@blogger.comtag:blogger.com,1999:blog-6514320583233596209.post-20774132470816724392012-12-03T14:26:12.619-06:002012-12-03T14:26:12.619-06:00The first thing that comes to mind is, were there ...The first thing that comes to mind is, were there really -dozens- of "quality" setups that occurred today? And unless you're getting way better rates than me, commissions outweighed profits. Granted, today might have been a little unlucky at times, but if a strategy only has an expectancy of half a tick, it doesn't leave much room for error. But nice to see green!kroznoreply@blogger.com