Now I know if an edge is consistent throughout a trading day (if time of day is truly irrelevant), it really doesn't matter if you miss trades, go eat lunch, answer door, etc. Just keep trading when you are able and the results will work themselves out.
I'm getting close to being able to get automated backtest results but my Ninjascript code is so inefficient it's hard to run on my computer. Takes forever or locks up Ninja and I have to start over. Manual results so far I'm pleased with. 1:1 RR, just over 57% winners, reasonable drawdowns, and gross avg. gain is 5.4 ticks per trade per contract.
RESULTS FOR DAY | |
---|---|
NQ Contracts: | 3 |
Net $P/L: | 665 |
Wins: | 3 |
Losses: | 0 |
Win%: | 100 |
Avg$Win: | 222 |
Avg$Loss: | 0 |
Over 57% looks promising. Yeah ride your winners and keep your losing days small. A day limit loss amount will be great for you.
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