2-Ticks -A-Day

MarketMoverTrader

Active member
171 8
That's a good point you make.

I think it is simulated realisticly. When I trade with both my Global Futures sim and live platforms open, the price charts appear exactly the same. The price points are real, but the only question is whether some of the orders in my trades would have been filled had it been live. I thought that's the only issue (?).

About what I'm trying to achieve - well surely any strategy has to be proved viable on sim first, even if it's not 100% realistic on the fills.
 

Martinghoul

Senior member
2,690 276
About what I'm trying to achieve - well surely any strategy has to be proved viable on sim first, even if it's not 100% realistic on the fills.
That's absolutely true and I would certainly see the value in going throught the sim if your slippage were a fraction of the positive pnl you're capturing. So if you were making 20 points on every one of your ES trades, it really wouldn't matter if your sim is inaccurate by a point or two. However, you're attempting to determine the feasibility of a strategy that is capturing 2 points. Surely you'd have to agree that, simply because some of your trades wouldn't have happened in the real mkt at all, the whole sim exercise is a bit suspect.
 

MarketMoverTrader

Active member
171 8
That's absolutely true and I would certainly see the value in going throught the sim if your slippage were a fraction of the positive pnl you're capturing. So if you were making 20 points on every one of your ES trades, it really wouldn't matter if your sim is inaccurate by a point or two. However, you're attempting to determine the feasibility of a strategy that is capturing 2 points. Surely you'd have to agree that, simply because some of your trades wouldn't have happened in the real mkt at all, the whole sim exercise is a bit suspect.

It's ticks, not points (on the S&P eminis). 4 ticks in a point. 2 points is a 20% return, which I'd love to do every day! I'm still not certain that some of them would not have worked in reality, but that's a moot point to argue. But maybe I should go for 3 ticks in sim from now on, but record them as 2 ticks profit? Then it's sure-fire that it would have worked in reality. Maybe I'll do that from now. yeees, this plan is coming together nicely now :devilish:
 

Martinghoul

Senior member
2,690 276
It's ticks, not points (on the S&P eminis). 4 ticks in a point. 2 points is a 20% return, which I'd love to do every day! I'm still not certain that some of them would not have worked in reality, but that's a moot point to argue. But maybe I should go for 3 ticks in sim from now on, but record them as 2 ticks profit? Then it's sure-fire that it would have worked in reality. Maybe I'll do that from now. yeees, this plan is coming together nicely now :devilish:
Sure, let's call them ticks if you like... To me, coming from the world of fixed income, anything before the decimal point is a point, with ticks being something else.

As to some of your trades not having worked in reality, the point I am making is not about a specific trade. I just used your latest recorded fill to illustrate that point. If your sim is giving you fills that are off-mkt by 1 tick, how do you know it won't be off by 2 or 3 ticks? If that's the case, trying for 3 ticks won't help.
 

MrGecko

Senior member
2,778 789
ignore everyone else and follow your nose. The proof of the pudding is in the eating.
 

DionysusToast

Legendary member
5,963 1,501
Actually, the proof of the pudding is in constant use of the name "MarketMoverTrader", links to his blog and sucking in affiliate revenue.

MMT - why not kill this here? Register again on T2W with a name that is not also the URL of a paid training site. Drop the constant name dropping and then perhaps you'll look like you may seriously want to discuss trading.

As it is, all you are appear to be now is a shill for some paid site.

Your losers - minimum 8 ticks - $100 + $4 commissions = $104 (or $116.50 with 1 tick slippage) per contract
Your winners - $25 - $4 commissions = $21 per contract
 
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DionysusToast

Legendary member
5,963 1,501
Of course the next question is why are these chart screen shots so small, showing just a few bars and why are the results posted in an Excel spreadsheet ?

307724-marketmovertrader-albums-2-ticks-day-picture1658-2ticks.jpg


The charts show just a few bars because this guy is taking a few attempts to get his 2 tick trades to show us. Showing more of the chart would highlight this.

The results are in Excel, also because showing results from the platform would also highlight the fact that this guy has NOT made a trade a day with a 2 tick win. He has made multiple attenpts until he got ones that look good and then posted the results here. His lack of knowledge in what looks good/where a limit order would fill caused him to even screw that up.

He has now been educated how to better fudge the results and so we should see only 1-2 tick intra-trade drawdowns on future trades.

Amusing that he can't even keep his own records straight....

1-Oct-10
307724-marketmovertrader-albums-2-ticks-day-picture1666-2010-10-01-win-x2.jpg


Doesn't match his trade results.

Epic fail.
 

meanreversion

Senior member
3,398 537
Isn't this just another rehash of the recent "How to make 100%" thread? The protagonist has changed, but that's about it.

It's deja vu all over again.

Goodness me, will people STOP trying to "prove" that 40% a month is somehow feasible without betting large chunks of your equity and/or suffering massive drawdown!
 

JRP2891

Established member
752 125
Isn't this just another rehash of the recent "How to make 100%" thread? The protagonist has changed, but that's about it.

It's deja vu all over again.

Goodness me, will people STOP trying to "prove" that 40% a month is somehow feasible without betting large chunks of your equity and/or suffering massive drawdown!

You'll be using up a lot of energy countering all of these ridiculous claims, people don't change and neither do the scammers. When one believer/holy grail discoverer/scammer leaves these boards, they're immediately replaced by another.
 

MarketMoverTrader

Active member
171 8
You guys are going off the rails here.

I’ll say this again. I just started this thread to showcase an experiment I decided to run. If you don’t find it interesting, don’t read this thread.

If you think that the technicalities of what I’m doing are not good, then fine. Let’s have a good debate about how my sim software doesn’t match the live charts, or that my drawdowns are to large (in your humble opinion) or whatever else. I relish that sort of useful interaction. That’s why I’m here.

I don’t know why you’re bringing my blog into this. I have not mentioned Market Mover Trading on this thread at all, and the experiment I’m running on my own time, which this thread is about, has absolutely nothing to do with the methods that Market Mover Trading teach (which is my main style of trading, and it is working just fine for me).

I literally have no gain to make in any way from anyone else trying to do this 2-Ticks-A-Day thing I’m trying out. I’m not selling or advertising any sort of scalping trading system. If I am I must be the worst salesman because if someone came to me and asked me to sell them something to scalp 2 ticks a day I wouldn’t know what to tell them. Yes, my blog is primarily about my experiences using the MMT system, but I reserved a small page in it to showcase this experiment as something seperate. I actually don't want to mention the MMT system here, because I don't want to mislead anyone in thinking that this thread has anything to do with it.

This is no re-hash of the "How to make 100%" thread – I don’t see how it can be. Have I claimed that I’m out to prove that 40% a month is possible? Or to prove anything else?! Read my first post here. I was just laying out the thoughts I had that made me want to try this out.

Yes, 10 days so far, on sim, is a very weak sample and proves nothing much. I said upfront I’m going to try it for a few months. Let’s wait until the drawdown comes and cleans me out. I’m as eager as anyone to see if that happens or not. I’m really not sure what ‘holy grail’ anyone thinks I’m trying to tout here. Is it so unfathomable to try to take just a piddly little 2 ticks each day? I personally don’t think it isn’t at least worth trying, but if you think it isn’t then you really don’t have to read this thread. Or constructively tell me why I might be on the wrong track, from your own technical standpoint – by all means. I’m just hoping for something more constructive than ‘nonsense’.

I’m sorry that DT thinks I’m falsifying this all. I have nothing to gain by doing so, except to only cheat myself and thus lose my shirt if I take it live. I’m not asking anyone to copy me, I’m actually just copying someone else’s method that seems to work for them so far, from what I know of. They’re not selling it either, I don’t think, and if they did I certainly haven’t paid for anything.

I’m not going to post screen shots of the entire day’s trading for each day. I just started recording little snippets for my own benefit, and then decided to start a thread here only yesterday actually.
I may well be making this whole thing up. There’s no way you could know, but I don’t have anything to gain by doing so that I know of.

And I don’t understand why you’re confused about 1-Oct-10 – what doesn’t tie up with my records? And no, I’m not good at fudging my results, because I’ve never done it. You’re obviously convinced I’m lying about this and there’s probably nothing I can do to convince you otherwise, but I’m not concerned with trying to.

Just stay tuned for my ongoing results, if you are at all interested. If I totally screw it up I’ll post it, whether you believe that or not - I don’t mind. And don’t make me Rick Roll you again.
 

DionysusToast

Legendary member
5,963 1,501
OK then - show the whole days charts with your trades on it and show the results from your trading platform, not excel.

As of now, it is quite obvious your results are bogus.

If you can't see what you did wrong on that days trades, you are in the wrong business.
 
B

Black Swan

0 0
You'll be using up a lot of energy countering all of these ridiculous claims, people don't change and neither do the scammers. When one believer/holy grail discoverer/scammer leaves these boards, they're immediately replaced by another.

Most of 'em don't leave, they just re-incarnate...;)
 

DionysusToast

Legendary member
5,963 1,501
I’m not going to post screen shots of the entire day’s trading for each day. I just started recording little snippets for my own benefit, and then decided to start a thread here only yesterday actually.

:rolleyes:
:rolleyes:

Well sweetheart, here's the thing - this is what your 'snippets' will show.

- a single trade every day
- every one a winner
- scalping for 2 ticks straight off the charts without the order book

I think there's a few prop shops will want to re-write their training manuals when they discover your methods.

At least you'll have mastered cut n paste, eh ?
 
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MarketMoverTrader

Active member
171 8
OK then - show the whole days charts with your trades on it and show the results from your trading platform, not excel.

As of now, it is quite obvious your results are bogus.

If you can't see what you did wrong on that days trades, you are in the wrong business.

You don't seem to get (although, how can I make it more clear?) I'm doing this for my own benefit and interest, not to prove anything to anyone.

I'll report them with a screenshot from excel if that's how I record them. It's easiest for me. I'm not going to keep screen shots of my whole day's trading platform, that's not convenient for me. It's not about what one person (you) tells me they want to see before they believe it. Also, you will see the other trading strategies I'm messing about with (on most days) and probably accuse my of something else when you see them. I'm practising trading market open (not got it quite right yet), as well as other trend-following strategies that I'm not blogging about.

You think it's bogus, we established that. I'm still not really fussed though. When I report my live trades, if it comes to that, you'll probably never believe me unless I report that I'm failing.

I can see what I did 'wrong' from your perspective. It was 100% right according to the (unorthodox) method I'm employing. Wrong or right - it's subjective. And I think i'm in the right business because I'm doing quite well on my usual live trading strategy - but thanks for the career advice.
 
 
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