Posted by dragonfly28 on 6th of Sep 2022 at 04:26 pm
Matt ; how common is it for these reversion to mean
systems to take on three+ long positions like this ?
Obviously the stats prove out in the long run, but in the meantime,
it's a tad frustrating.
Posted by bpozdoll1717 on 6th of Sep 2022 at 05:51 pm
Check out the systems tab. All the trades are listed there for
SPY and ES. Last time I looked about 15% of trades end up
with 3 entries. The reason most land up profitable is that
you are adding more contracts on the 2nd and 3rd entries.
However, you can see the max drawdown stats too. Some
3rd entries went 100 points or more in the red before ending up
profitable. Right now with the ES systems the market would
have to rally to 3980-3990 to breakeven. Hope this helps.
You have to be able to stomach being upside quite a bit in
some cases before turning profitable.
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Matt ; how common is
Posted by dragonfly28 on 6th of Sep 2022 at 04:26 pm
Matt ; how common is it for these reversion to mean systems to take on three+ long positions like this ? Obviously the stats prove out in the long run, but in the meantime, it's a tad frustrating.
Check out the systems tab.
Posted by bpozdoll1717 on 6th of Sep 2022 at 05:51 pm
Check out the systems tab. All the trades are listed there for SPY and ES. Last time I looked about 15% of trades end up with 3 entries. The reason most land up profitable is that you are adding more contracts on the 2nd and 3rd entries. However, you can see the max drawdown stats too. Some 3rd entries went 100 points or more in the red before ending up profitable. Right now with the ES systems the market would have to rally to 3980-3990 to breakeven. Hope this helps. You have to be able to stomach being upside quite a bit in some cases before turning profitable.