Posted by DigiNomad on 8th of Dec 2022 at 05:38 pm
Love the example here: "let's say that one wanted to set the
hard amount of entries to 12. in 80/90% of time you would only be
using a 2 or 3 entries of the 12, most of the time the majority if
the capital you set aside for the trades would not be used"
With the addition of some probabilities it's starting to get
to a place where a system can be developed (a system for the
systems). Maybe I / we could compile the data on systems over
the last year to give more clarity on various statistics for trades
in play during the period (average, mean, etc)?
Maybe I'm looking at it wrong. Since these are essentially
swing trades, maybe it would be easier to set profit targets as a
percentage of portfolio instead of trying to work with percentage
allocations on each trade. *I work with a lot of portfolios so I
kinda have to overthink it like this.
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Love the example here: "let's
2023 New Years Resolution. I know I'm jumping the gun, ...
Posted by DigiNomad on 8th of Dec 2022 at 05:38 pm
Love the example here: "let's say that one wanted to set the hard amount of entries to 12. in 80/90% of time you would only be using a 2 or 3 entries of the 12, most of the time the majority if the capital you set aside for the trades would not be used"
With the addition of some probabilities it's starting to get to a place where a system can be developed (a system for the systems). Maybe I / we could compile the data on systems over the last year to give more clarity on various statistics for trades in play during the period (average, mean, etc)?
Maybe I'm looking at it wrong. Since these are essentially swing trades, maybe it would be easier to set profit targets as a percentage of portfolio instead of trying to work with percentage allocations on each trade. *I work with a lot of portfolios so I kinda have to overthink it like this.