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Author Topic: More or less trades?  (Read 6177 times)

Offline Dudejeff

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More or less trades?
« on: August 30, 2013, 03:16:13 PM »
I ran a few forward and backtests on an EA based on settings that I thought were best from my screen time.  What I am having trouble with is that my testing to date reflects two options: (1) multiple like settings that consistently cause fewer entries (say 30 over four months), but with a high profit factor (over 2.5), low DD (1-3%), and slow gains; and (2) multiple like settings that consistently cause more entries (over 100), but with a lower profit factor (1.2-2.0), higher DD (3-6%), and fast gains.  I understand that these results do not really mean much, but I am having trouble with the larger issue of whether I should spend my time pursuing a system with more or less trades going forward.  I expect that I could modify the risk per trade to make the fewer entry system as equally profitable as the higher entry system with a similar DD, but my question is what is generally preferred?  I thought that more trades are better, but with slippage and commissions, I am thinking that fewer trades might be the way to go.  Or perhaps a system with more trades is considered more robust?  Right now, I am considering just testing both over longer periods of data and on a forward basis.  Any insight is appreciated.  Thanks.         

Offline Dudejeff

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Re: More or less trades?
« Reply #1 on: September 01, 2013, 02:13:45 AM »
Answered my own question.  Thanks to Tharp.  Read, read and then read again. 

Offline DamBuster

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Re: More or less trades?
« Reply #2 on: September 10, 2013, 11:14:31 AM »
Forex trading is typically done through a broker or market maker. As a forex trader you can choose a currency pair that you expect to change in value and place a trade accordingly.

Please don't cut and paste stuff from other websites just to bump up your post count as you will be found out, moderated and eventually banned

Consider yourself warned...

Offline indicator

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Re: More or less trades?
« Reply #3 on: April 09, 2015, 06:51:29 AM »
A trader cannot force himself to be in a trade just to increase his trade count. It depends entirely on his method of trading. Scalpers will get more trades as compared to day traders and long term traders.

Offline equityfx

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Re: More or less trades?
« Reply #4 on: April 18, 2015, 11:02:38 PM »
Quote from: indicator link=msg=336351 date=1428558689

A trader cannot force himself to be in a trade just to increase his trade count. It depends entirely on his method of trading. Scalpers will get more trades as compared to day traders and long term traders.


The style of each person certainly differents from one to other , maybe there are trader who have high  aggresive style to trade more and more just within few hours but in anothe hands there  are trader who have good patient to trade until some of days to not trade to get best signals . All of them are good and its depend how expert are they to use that system i think

Offline Earleone

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Re: More or less trades?
« Reply #5 on: April 19, 2015, 12:37:11 PM »
IMO it depends on valid signals. If you get a valid signal from your system and nothing tells you not to take the trade ( big news waited etc) Then take the trade . So actually the market itself then give us the decision how much or little we trade.

Offline indicator

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Re: More or less trades?
« Reply #6 on: May 10, 2015, 06:20:47 AM »
Quote from: Earleone link=msg=338261 date=1429443431

IMO it depends on valid signals. If you get a valid signal from your system and nothing tells you not to take the trade ( big news waited etc) Then take the trade . So actually the market itself then give us the decision how much or little we trade.


Trade setup depends on your strategy, when you see a signal according to your trading strategy then you should trade it, it does not have anything to do with number of trades.

Offline hybrid

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Re: More or less trades?
« Reply #7 on: November 15, 2015, 01:15:20 PM »
Number of trades depends on your skill and capital . If you do low risk trading you can do more trades. With high risk just try some positions. I like to open one position at a time so that I can concentrate well on it.

Offline thetruth

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Re: More or less trades?
« Reply #8 on: November 19, 2015, 03:48:47 PM »
Personally with my automated strategies I prefer spreading my risk across many trades. But I'm not going to sacrifice the quality of the strategy for more trades. I'd rather just spend time creating additional strategies.

For manual trading, less is more for me...but that's because it's obviously a lot harder managing multiple trades manually whereas a robot doesn't get tired and lose focus throughout the day and week.

Ultimately though, if your back-testing leads you to the results you want in a couple of different ways you just have to select the one you are personally more comfortable with.

One of the biggest things that we're all aware of, but don't always appreciate the psychological effects of, is drawdown.

It's all well and good theoretically saying we're comfortable holding on to 25% active drawdown, or 35% active drawdown, etc...but when it comes down to it, it can be hellish! So definitely test thoroughly to give you an idea of what to expect of your strategies.



Offline Profitable Trading

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Re: More or less trades?
« Reply #9 on: November 22, 2015, 08:02:49 AM »
Quality over quantity. Taking less trades, does it mean that EA only enters in 'high probability' trades? Dont take much risk, better choose less traders and lower DD.

Offline hybrid

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Re: More or less trades?
« Reply #10 on: November 25, 2015, 07:42:56 AM »
I do not prefer quantity .Actual results are shown in quality trades, where you lose less gain something from market . Forex trading is a challenging so remain prepare for it . In every trade you have to show your best skill . With less trades you can get more benefits if you are disciplined.

Offline Kristofer

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Re: More or less trades?
« Reply #11 on: December 18, 2015, 07:12:05 AM »
There is no definite  answer to the question  how many trades you are supposed to do, as on Forex there are too many factors that determine a successful trading. The number of trading orders opened depends on a trader's trading strategy, the signals used and of course   purely subjective factors, such as mood and   health of a trader.

Offline equityfx

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Re: More or less trades?
« Reply #12 on: December 21, 2015, 02:57:53 AM »
I think many things we have to consider while trading . With favorable market we can trade more even with more pairs. Other wise only one trade is enough to manage . If you are good in trade management then opening many trades is  not a problem. I personally like 1 or 2 trades at a time.


Offline Antonis

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Re: More or less trades?
« Reply #13 on: December 31, 2015, 09:09:43 AM »
Hello everyone,as  a new trader i wanted to ask,how many trades per day is it ok for me to trade>?in a live account?or there is not a specific number of trades that i have to do?thank you for your time and response

Offline Earleone

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Re: More or less trades?
« Reply #14 on: December 31, 2015, 09:55:27 AM »
Quote from: Antonis link=msg=350845 date=1451552983

Hello everyone,as  a new trader i wanted to ask,how many trades per day is it ok for me to trade>?in a live account?or there is not a specific number of trades that i have to do?thank you for your time and response

I think if you ask the question you dont have a method or system to trade. Find a system or method to trade and trade on valid signals as many or few signals that market gives you.

 

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