Scalping the HSI & the K200 (SIM)

[boofis]

Yeah I have that ticked, didn't realise whatever you wanted to record had to be open though so that's probably the problem haha.

Ahh just simming for me these days, don't have the funds to trade live which sucks but ah well, sim GOD here I come lol. I usually have a crack on HSI, DAX, maybe CL........Yes I like my fast markets, probably shouldn't though because I mainly like them because they keep me interested, which isn't a reason to trade something.

Also keen on programming, mainly some python, but currently have no idea how to get an idea from my head to code, which programs to use to do that etc. and where to get data blah blah blah, so just investigating that, but would like to try some coding to play around with some systems.

Where do you put recorded data that you download? If I could grab some off you that'd be awesome!

What platforms use python Sam? Pm me if you want some resources for NT coding.

 

[ThingyMajiggy]

What platforms use python Sam? Pm me if you want some resources for NT coding.

No idea, that's what I want to find out. I just know Python the best, and have heard/seen it's used a fair bit in finance/trading, so just sussing out what it's used for and how.

I would also seriously like some data TH

 

[SuperGlue]

No idea, that's what I want to find out. I just know Python the best, and have heard/seen it's used a fair bit in finance/trading, so just sussing out what it's used for and how.

I would also seriously like some data TH

Try googling "AFL to Python COM Link" or if you have Amibroker search for Python.

My niece was at one time interested in Python, that is the only link to Amibroker that I know of.

 

[Trembling Hand]

No idea, that's what I want to find out. I just know Python the best, and have heard/seen it's used a fair bit in finance/trading, so just sussing out what it's used for and how.

I would also seriously like some data TH

Ermmm, *says in the most polite voice possible* Excuse me Sir Dr. Mr. TH, would I be able to pur-chase some of that 14g of data off you?.... seriously

boofis you in Melbourne? I can put it on a data stick, you come and get it, the cost will be postage to Sam.

 

[boofis]

boofis you in Melbourne? I can put it on a data stick, you come and get it, the cost will be postage to Sam.

Certainly am, that'd be perfect and I'd be happy to post one to Sam as well, it's always appreciated when the Jedis are willing to help the padawans

 

[boofis]

On a trading note, I'm one trade off the k200 daily stop after a poorly played open. Being overly keen to trade got me

 

[boofis]

Is there a quick way to change the Order quantity on IB's book trader? I've just been changing default size but it's too slow when you only want to take off 1 ctr or something similar etc and that stupid time remaining until auto-recentering box can get in the way and it roots it all up.

 

[Trembling Hand]

Is there a quick way to change the Order quantity on IB's book trader? I've just been changing default size but it's too slow when you only want to take off 1 ctr or something similar

You need to set up a hot key.

that stupid time remaining until auto-recentering box can get in the way and it roots it all up.

Somewhere there is a box to tick to get rid of that.

 

[boofis]

You need to set up a hot key.



Somewhere there is a box to tick to get rid of that.

Cheers! I'll get onto it.

 

[ThingyMajiggy]

Sounds good re data, let me know when/method of payment

 

[boofis]

Well, that was definitely a case of trying to overcorrect a car that was out of control. I tried a 3 push to a high then fade on the seng and got eaten, then after about 200 points one way I faded for a trade that started green and ended up hitting my stop when it went through so I reversed position and held my only profitable trade for the morning on the seng long to new highs.
Definitely underestimated the impetus that new highs brought in.
K200 was just silly mistakes. Started the day with a poor trade, then flip to get on board only to have it immediately retrace again and stop me out, and far more large range bars than I have been trading sim and live so I got caught out. Still haven't hit the daily stop but am in the red.

 

[boofis]

The mornings results. No BS talk here, I post up the good and the bad lol

 

[havaiana]

Boofis i see you are doing all the stuff TH has suggested in his posts which helped me alot. Another thing i would suggest is trade a couple of sessions with 1:1 profit target/stop. Just let all the trades play out. This way you will see if your entries are better/worse than random. You can make some adjustments and find an edge here or improve the edge you already have. The feedback is clear bcause you are either winning more than 50% of trades or you're not. Then when you manage the trades (cut losses let winners run) your edge becomes bigger again.

 

[tech/a]

Boofis i see you are doing all the stuff TH has suggested in his posts which helped me alot. Another thing i would suggest is trade a couple of sessions with 1:1 profit target/stop. Just let all the trades play out. This way you will see if your entries are better/worse than random. You can make some adjustments and find an edge here or improve the edge you already have. The feedback is clear bcause you are either winning more than 50% of trades or you're not. Then when you manage the trades (cut losses let winners run) your edge becomes bigger again.

Good suggestion.

 

[boofis]

Boofis i see you are doing all the stuff TH has suggested in his posts which helped me alot. Another thing i would suggest is trade a couple of sessions with 1:1 profit target/stop. Just let all the trades play out. This way you will see if your entries are better/worse than random. You can make some adjustments and find an edge here or improve the edge you already have. The feedback is clear bcause you are either winning more than 50% of trades or you're not. Then when you manage the trades (cut losses let winners run) your edge becomes bigger again.

Yeah I can regrettably say straight up that entries are the worst part of my game.
Will give that a crack on some sim sessions and keep refining, thanks for the input.
On the Kospi sim this morning to play with a few more ideas for trading the open.

 

[boofis]

Such low range and volume at present. This feels unfamiliar/new, going to jump on sim and play around a bit.

 

[CanOz]

Boofis i see you are doing all the stuff TH has suggested in his posts which helped me alot. Another thing i would suggest is trade a couple of sessions with 1:1 profit target/stop. Just let all the trades play out. This way you will see if your entries are better/worse than random. You can make some adjustments and find an edge here or improve the edge you already have. The feedback is clear bcause you are either winning more than 50% of trades or you're not. Then when you manage the trades (cut losses let winners run) your edge becomes bigger again.

Agree, this is a great way to see if you have an edge better than 50/50.

CanOz

 

[boofis]

Hmm wouldn't mind a bit of discussion on this one.

In regards to content taught by Radge, the basic expectancy curve and the mutually exclusive win/loss ratio vs. win percentage. One can't have both a high win percentage as well as a large win/loss ratio, so could this proposed exercise turn into a chase for the holy grail? I'm on the seng expecting a fairly average win percentage because I'm trying to match market to method and catch 50+ tick moves (not necessarily 150+, just moves more significant than scalping territory of which I do in the arvo/nights).

As the old english teacher says, "discuss".

 

[havaiana]

The 1:1 R:R is simply to find a way to enter the market with a slight edge. When you have found that edge you stop trading 1:1. When you start cutting losses and letting profits run to increase your R:R I would expect that the win rate will reduce, but you still know that you have that edge on your entry (your trade is more likely to go in your favour x pips than against you x pips).

 

[boofis]

Alright! Am hopefully back trading this week after a short hiatus to do some jobs in the real world :

Spending alot of time on the market replays trying to internalise different scenarios and 'patterns'. Is there a way to make the HSI contract continuous? The ###-### doesn't seem to work when using replay (haven't tried it live).

Finding it easier to trade 2 contracts and drop one off on the first instance of a pullback. Also seemingly easier to ride the long moves on sped up sim because the blocks of 10 and 20 mins where the price just wallows about go alot faster when you're at x10 lol. So will have to be conscious of this when trading real time again, patience through non action times of the market.



I am playing with the concept of noting 'messy' areas on the way through a trend and then fading them when it pulls back. My last trade worked perfectly doing that, got the fill nearly right on the red line (around 23 095) and then got out for a short trade to compliment the big winner.