How do i buy a system with an 80% win ratio
Hello,
I have Ninja Trader and Trade Station setup.
My question is this:
How can I purchase a system that can AutoTrade, Stocks, Futures, and Options and obtain a 80% or above
win percentage?
Please let me know.
Thank you.
-Chad
-
Hi
We dont keep stats and dont know your style, capital, approach or anyother details.
The best way is to try systems until you find one
if you are getting 80% win ratio on average - you are probably only getting a risk reward of 0.3 : 1
So Win ratios by themselves are a useless statistic.The important statistic is the overall system expectancy at that %...
it might be a loser or winning system - you might need to aim for a 35% for some systems to work and expect around 1:3 for the win ratio.
Also how are you using it?
We do not advocate 24/7 unattended live account trading#1 As for one you might disconnect or have issues on your internet or server - and really need to be in attendance.
and taking trades 24/7 is not the best - however traking traders at certain session times and keeping them live is valid.Another way is to have models that take the heat and wins and guide you on your live trading...
- trading one model or a few on the sim - then using the stats from these "control" models to allow you to decide to enter the market with a live model - based on price cycles, drawdowns, conse losers etc as would a commercial fund for example.The framework allows you to try out any system - as long as you want - with no requirement to part with cash or risk any - as you can simply trial all of them on a sim account for an unlimited time.
Please go here for details:
http://www.micro-trends.co.uk/ninjatrader-downloads/Please watch video or go here for TIPS:
https://microtrends.zendesk.com/entries/69139966-MTNTF7-installing-to-windowsusing strategies:
Also for some guidance on trading with these strategies it is advisable to read this:
https://microtrends.zendesk.com/entries/37255406-Getting-started-with-MT-Signals-Indicators-Strategies-and-Easy-Traderand learn about
1. what a signals indicator is:
2. how a strategy uses it - and what parameters a strategy has.
3.Also the MT Easy Trader GUI
4. Then later on look at how you can design and build your own approach with no coding required at all using one of the
MT Generic Signals Traders - to trade one or many signals consolidated from the MT Signals group of indicators.MicroTrends Strategy License Model
And the great thing for traders is we don't want money or make claims - we simply assist you to use the tech and find your own way - on the sim for free - So one day if you wanted to live trade - then you consider a live license purchase.MicroTrends Support
support@microtrends.co
http://www.microtrends.co/support/Tip! You can visit the help desk forum to see previous answered frequently asked questions:
http://microtrends.zendesk.com/forums0
Please sign in to leave a comment.
Comments
1 comment