Richard

Disciplined, profitable, swing trader

[Richard @Investatweet]

@Ninja__Wisdom T+200=R
R+T=230

430-R=R
430=2R
R=215

T=15

[Richard @Investatweet]

O, what a tangled web we weave, when first we practice to achieve in algorithmic trade! The market, a tempestuous beast, doth mock the coder’s fervent haste with fickle swings and treacherous tides.

[Richard @Investatweet]

@PeterLBrandt I would calculate position size using a max historical DD using the past 15 years backtest. Something like 5% ($50k) max DD for the account. Loss per trade would then depend on the system being traded

[Richard @Investatweet]

Some Algo trading goals: 1 hour new strategy research a day, 1 new strategy a month, 1 new book a quarter, 1 new course a year. In 5 years you'll be transformed.

[Richard @Investatweet]

@dryan310 @remindmetweets in 4 months

[Richard @Investatweet]

@yuriymatso For Altair strategy , wasn’t price below 500MA ?

[Richard @Investatweet]

@TechCharts which symbol is this pls Aksel

[Richard @Investatweet]

@factor_members Peter , any worries/considerations of thinner volumes over holiday season? I bought soybeans today at 1404 but then bailed out as it re-entered breakout area. Felt like a false breakout ?

[Richard @Investatweet]

@factor_members After big mistake/Going on tilt.
Take remaining money out of account.
Stop trading for a week.
Write down progress you've made from a year ago.
Identify reason for errors(s). Write change in rules to stop happening again.
Recapitalise account.
Start trading again.

[Richard @Investatweet]

@factor_members Peter . Would you view recent daily chart of robusta coffee as a H&S top? I’m looking at the continuous chart .

[Richard @Investatweet]

@factor_members *worth not work

[Richard @Investatweet]

@factor_members Thanks . I think it looks even more interesting zoomed out on the weekly . Work the risk/reward even though a diagonal IMO

[Richard @Investatweet]

@TmarketL I struggle with the seeming contradiction between points 8 and 9. A real skill discerning between random noise and price action that undermines the original trade idea

[Richard @Investatweet]

@EdwardGofsky Why wouldn’t you trade the futures contract instead ?

[Richard @Investatweet]

@TheJackBly @vsamyani And whatever you do don’t have sex in case you have a child. If that happens then you’ll never sleep again 🤣

[Richard @Investatweet]

@PeterLBrandt Peter I’m a big fan . I wrote down some of the reasons why your trading approach so attractive to me personally. I’m well on the 3 year journey you mention.

[Richard @Investatweet]

@factor_members Peter, I see a similar setup in Cotton. what do you think ?

[Richard @Investatweet]

@SJosephBurns Democracy

[Richard @Investatweet]

@factor_members Peter, I would be interested in your thoughts on Live Cattle futures. Looks like it's coiling for a breakout above last week's highs?