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Trailing on Ticks
#480775
07/11/20 06:42
07/11/20 06:42
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Joined: Mar 2019
Posts: 357
danatrader
OP
Senior Member
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OP
Senior Member
Joined: Mar 2019
Posts: 357
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Lacking ideas about trailing sensitively on tick level.
Maybe some more expereinced developers can give some idea?
I am thinking about start somewhere ATR based far from entry. I know trailing should fit the basic strategy, just I am a bit missing the proofen best practice in certain enviroments, some entry points to learn more into that direction.
@Andrew, I tried Chandelier, just I am missing imagination, maybe you have some approach to start with?
Last edited by danatrader; 07/11/20 09:37.
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Re: Trailing on Ticks
[Re: danatrader]
#480782
07/12/20 20:31
07/12/20 20:31
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Joined: Feb 2017
Posts: 1,718 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,718
Chicago
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That is a funny co-incidence, just yesterday I decided to buy "Leveraged Trading: A professional approach to trading FX, stocks on margin, CFDs, spread bets and futures for all traders" by Robert Carver. He has some good books, indeed. I heard about him through a prop trader. You? How do you determine "system receives a hit"? You go into phantom mode once which kind of hit happens? Maybe a 50% overall equity loss? It is an optimized value, the percentage of equity drawdown since the last stock rotation. I only close losing positions (not winning positions - they can keep running in my favor).
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Re: Trailing on Ticks
[Re: danatrader]
#480785
07/13/20 06:21
07/13/20 06:21
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Joined: Mar 2019
Posts: 357
danatrader
OP
Senior Member
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OP
Senior Member
Joined: Mar 2019
Posts: 357
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Sadly I don't know any traders, so I search the net, and read and study. My wife and I read together, so I search the deepest corners of the net, trying to find ideas, thoughts and all that, which with my limited dev skills can be developed. I keep my eyes open for book references. So finding his books suggested here and there (uncorrelated blogs) makes my decision to go with it. He got some funny reference in LT, go short a house, lend it, sell it, buy it back I will read ST too after...
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Re: Trailing on Ticks
[Re: danatrader]
#480787
07/13/20 13:00
07/13/20 13:00
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Joined: Feb 2017
Posts: 1,718 Chicago
AndrewAMD
Serious User
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Serious User
Joined: Feb 2017
Posts: 1,718
Chicago
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My wife and I read together, so I search the deepest corners of the net, trying to find ideas, thoughts and all that, which with my limited dev skills can be developed. My wife couldn't care less about trading, finance, and programming. She calls it "nerdy stuff". I will read ST too after... It's a dense book, but highly worth comprehending it in its entirety.
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