Won $700 with Micro S&P futures!

Discussion in 'Trading' started by farmerjohn1324, Apr 2, 2020.

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  1. The odds do make sense though. Using these limits over the past 20 years...

    I would have a 6% chance of losing 30% of my invested money... And a 94% chance of gaining 7%.

    (-30% * .06) + (7% * .94) = +4.78%

    These are better odds than any other combination I found.
     
    #21     Apr 2, 2020
  2. Nobert

    Nobert

    Now, when you stated it like that, of course it does.

    But in the original post of this topic, - does not.

    I guess , time will show.
     
    #22     Apr 2, 2020
  3. One thing that throws my numbers off is that I can only set limits at 0.25 increments. But nothing I can do about that.
     
    #23     Apr 2, 2020
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    #24     Apr 2, 2020
  5. Congrats on your profit today. I can tell you’re excited. But I suggest you rethink your reward to risk in how you set up your SL. A few losses back to back will hurt you far more than a few wins will benefit you.
     
    #25     Apr 2, 2020
    Overnight likes this.
  6. speedo

    speedo

    :D
     
    #26     Apr 2, 2020
  7. I know. But I don't know what to do about that.

    One thing that helps is that I always invest the same amount. So I don't suffer the same type of "decay" that leveraged Etfs do.

    If I win, I set the money aside. If I lose, I have to bring more money into the account (or use what I had set aside).
     
    #27     Apr 2, 2020

  8. You analyzed 20Y of data? Unpossible. A sample size of six trades? GOAT.
     
    #28     Apr 2, 2020
    Amatrue and MichalTr like this.
  9. I could have just as easily done 30. But I was advised to only include since they started HFT, so I picked year 2000.
     
    #29     Apr 2, 2020
  10. Sure why not
     
    #30     Apr 2, 2020
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