Support Board
Date/Time: Wed, 27 Nov 2024 14:35:14 +0000
Post From: what do you know/think about Trades/Viz
| [2023-08-10 13:08:19] |
| JohnR - User831573 - Posts: 306 |
|
Thanks JohnR. I am pretty sure this excel trade log will not support the calculations related to High/Low equity watermark on a daily/weekly/monthly time duration as it requires access to tick level data to do the calculations.
in my reading on the TJS site, I think it states it does not connect to any data. which makes me wonder how algo traders of SC are able to proactively manage drawdowns as part of risk management.
I am not there, but what do you mean by proactively manage? Not being a fully implemented Algo setup - I would think you do analysis on your max drawdown on wins and same on losses, then make adjustments to stop-trail-exit parameters then replay / backtest to see if adjustments improve what you are looking for. Heck, rethinking Entry reasons is also a way to eliminate some bad trades. Many of mine are when I go 'off-script'. Gotta love good ole Fear & Greed. I'm working on getting more Algo to make trading more rational and less emotional. Just my thoughts, JohnR |