1/26/2009

Machine Beats Man, Again

The machine had 2 trades, 1 full target and 1 full stop, gross RR 3.00. The man had 3 trades, 1 full target and 2 full stops, gross RR 1.64.

The first 2 trades were the same for the man and the machine, the third trade was a pure experiential, intuitional, humanoid, run for the roses. Yes I do realize one of those words is brand new to the world.

I won't bore you with charts as they will just depress you with their randomness. Instead I'll bore you with the exact times (MST) and stats from the day.

Trade 1: Long, Entry 8:06:09 $47.44, Exit 8:07:03 $47.32, MAE 12, MFE 9, Gross (12)
Trade 2: Long, Entry 8:08:38 $47.56, Exit 8:09:27 $47.92, MAE 3, MFE 36, Gross 36
Trade 3: Short, Entry 12:14:40 $45.89, Exit 12:14:54 $45.99, MAE 10, MFE 3, Gross (10)

If resistance really is futile why do I continue to resist?

3 comments:

Anonymous said...

what is MAE and MFE and RR.. Sorry just trying to figure out whats goin on here.. James

Solfest said...

James my good man, welcome back. How goes the book reading?

MAE, maximum adverse excursion, other wise known as heat. The amount of heat you took on the trade.

MFE, maximum favorable excursion, other wise known as ya baby. The number of tics the trade went your way before exit.

RR, risk reward ratio. Take the number of winning tics and divide by the losing tics and there you go.

Long term anything over 2 : 1 is exceptional.

Now if you want some real good info venture into the exciting world of expectancy.

http://tradingcrude.blogspot.com/2008/04/expectancy.html

Anonymous said...

book reading is alittle boring..i am reading mastering the trade.. where would i learn about risk and rewards and MAE MFA.. thanks james