Lot sizing

Jul 16 at 05:28
236 Zobrazení
16 Replies
Členom od Jan 08, 2024   6 príspevkov
Jul 16 at 05:28
I use a trading bot, which I am happy with...but am looking to optimize.
I was thinking to adjust the lot settings for each pair based on the YTD profit per trade. So .... increase the lot sizes on the highest profit per trade and vice versa. Does this make sense? Which is more appropriate, using the YTD results or only the last month results as the basis (ie most recent performance or long term performance to drive the adjustments)?

Please provide your thoughts.
Členom od Jul 04, 2024   1 príspevkov
Jul 16 at 07:26
Hellow, use the most recent performance due to the markets not being stable for now and having lots of uncertainties, from geopolitical changes, data driven markets, central banks interventions, rate cuts bets apply the risk to reward ratio appropriately. What kind of bot are you using?
  
Členom od Jan 08, 2024   6 príspevkov
Jul 16 at 16:27
StarGaze posted:
Hellow, use the most recent performance due to the markets not being stable for now and having lots of uncertainties, from geopolitical changes, data driven markets, central banks interventions, rate cuts bets apply the risk to reward ratio appropriately. What kind of bot are you using?
  
Thanks..
Členom od Jun 05, 2024   10 príspevkov
Jul 26 at 12:35
I would use last 3 months data. 1 month is too short to get anything robust
Členom od Mar 07, 2023   33 príspevkov
Jul 29 at 09:39
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
Členom od Feb 12, 2016   108 príspevkov
Jul 29 at 19:02
crcrcr654 posted:
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
better to test strategy on different equal periods to see if it robust or not. This is standard approach in analysis.
Členom od Jul 30, 2024   13 príspevkov
Jul 30 at 09:22
bardachok posted:
crcrcr654 posted:
Depends on how you trade. If dude prefers scalping or medium-term trading, then 1 month for analysis is quite enough in my opinion.
better to test strategy on different equal periods to see if it robust or not. This is standard approach in analysis.
Hello sir. How do you trade? Can you tell more about your strategy?
Členom od Sep 21, 2019   9 príspevkov
Aug 03 at 10:25
hi, using YTD results for lot size adjustments offers a broader view of performance, but incorporating recent performance (last month) can be useful for adapting to current market conditions. balancing both approaches might provide the best results.
Wallstreet Money
Členom od Jan 08, 2024   6 príspevkov
Aug 03 at 11:40
ClipsDlamini posted:
hi, using YTD results for lot size adjustments offers a broader view of performance, but incorporating recent performance (last month) can be useful for adapting to current market conditions. balancing both approaches might provide the best results.
Thanks to everyone for their advice
Členom od Jul 30, 2024   13 príspevkov
Aug 07 at 12:55
Hi sir. And what can I use if I have been trading for less than a month at the moment? What should I focus on when cdoing an analysis?
Členom od Jan 08, 2024   6 príspevkov
Aug 07 at 13:06
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck
forex_trader_3791624
Členom od Jul 28, 2024   7 príspevkov
Aug 07 at 15:18
Minnocenzi posted:
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck
That was a horrible product, tens of millions of dollars gone down the drain. Too bad the company is continuing to promote its products
Členom od Apr 09, 2017   5 príspevkov
Aug 09 at 01:34
que76648 posted:
Hi sir. And what can I use if I have been trading for less than a month at the moment? What should I focus on when cdoing an analysis?
use market structure and support and resistance
Členom od Apr 09, 2017   5 príspevkov
Aug 09 at 01:35
Minnocenzi posted:
Hi, I use the FedBot by NURP. I had a major disaster last week. I'm not in position to give anyone advice. Good luck
what kinda of disaster? how much did you pay for their services? are are you open to a non disastrous algorithmic trading solution?
forex_trader_3793183
Členom od Jul 29, 2024   31 príspevkov
Aug 09 at 07:39
Always slate your lot size max 1 percent of your capital. This helps me keep profit maximized and with the lowest risk
Členom od Aug 09, 2024   6 príspevkov
Aug 09 at 09:43
1 percent is so low though. My account is small and if I risk only 1% I will never make enough to live off
forex_trader_3793183
Členom od Jul 29, 2024   31 príspevkov
Aug 09 at 09:59
PorfirioReyes posted:
1 percent is so low though. My account is small and if I risk only 1% I will never make enough to live off
Well depending what you started with. But be patient and grow your capital with time, it's a good strategy, just if you will be patient. Imagine having a 1k start or 2 and the first 6 months with consistency you have over 40k, that is good trade.
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