@XIX_Value@HolyFinance Question for you Holyfinance, have you ever asked management why they would not buy back their own stock instead of paying back a dividend?
That would generate so much more shareholder value...
@factor_members I had Audnzd on in 100%, took it off as it was right at entry price just before RBNZ announcement. My rules don't let me speculate on that.
There was no chance to get back in after, it did the rocket man
I let the annoyance dissipate quickly,- there will always be other trades
@factor_members It isn't the only way Peter, but you have made a wonderful career out of it, and all you need is one good edge to make a living out of markets. Congrats!
@factor_members Soybean individual chart has this rounding exponential moving band upwards, for which we are at the top again.. previous excitement led the the bottom of the band. As an alternative view to consider.
@factor_members Hey Peter. Does it make sense to just create firm rules around this? E.g. once a trade is 1 or 2 weeks in, jam stops to entry as much as possible, regardless of distance. Save some brainpower?
@factor_members Thank you Peter. Yes, this is something which i had dealt with in past too, it crops up now and again but no way near as much.
My issue now is working my brain to take only the best setups, let the trade come to me..
@factor_members@Valenti99842103 It's a very small pattern Peter, how do you determine targets, given by the time it breaks out, there might not be a lot of juice ?
@PhorosOxBeta May I ask, how Claude optimizes backtests for you? Like, is it seeing your entry levels, initial stop data, price data, or charts? Or something else like that, do determine which exit strategy performs best?
@factor_members Amazing Peter. Your worst case closed drawdown is 83.5bp, yet you risk 50-70bp per trade. That means you never really hit full stop losses, at least this year.
It would only take 2 in a row for you to be way above your max drawdown.
@factor_members Interestingly Peter, while you don't take descending triangle failures (I.e sugar), the 1st continuation charts of sugar show a flat topped trade to the topside, I.e an ascending triangle or compound fulcrum bottom, if the individual chart has a descending triangle failure..