Trading What I see !?

[Trader Pat]

Scatter chart of the bot so far this week:
Scatter.jpg

You paying much attention to ranges in your automation Goat?

[goat68]

Currently seems a correlation for higher entry odds == higher loss, no high odds entry winners

[goat68]

Scatter chart of the bot so far this week:
Scatter.jpg

You paying much attention to ranges in your automation Goat?

So in this current incarnation no. But in previous ones yes. I have simplified the bot going back to my "green" model, after a few weeks of poor performance... I'm aiming to progress forward from here again, with data helping I hope...

[goat68]

Scatter chart of the bot so far this week:
Scatter.jpg

You paying much attention to ranges in your automation Goat?

Following Peter's "Great Oak" video, I think I went down a dead branch!! so gone back to a green shoot! (<=see what I did there, surprised myself!)

[goat68]

I must say I feel as though I am having fun again, despite not being in profit yet.. so I see that as positive.

[Realrocknrolla]

I must say I feel as though I am having fun again, despite not being in profit yet.. so I see that as positive.

I envy you. I haven’t the patients for full on automation.

Keep up the good efforts and it will come good.

[Trader Pat]

Scatter chart of the bot so far this week:
Scatter.jpg

You paying much attention to ranges in your automation Goat?

So in this current incarnation no. But in previous ones yes. I have simplified the bot going back to my "green" model, after a few weeks of poor performance... I'm aiming to progress forward from here again, with data helping I hope...

Just going by the scatter chart it looks like you're onto something when backing at odds below 4. I know its a tiny sample size but if you had a condition that you only backed below 4 then you'd be in profit so might be something worth keeping track of.

[goat68]

You paying much attention to ranges in your automation Goat?

So in this current incarnation no. But in previous ones yes. I have simplified the bot going back to my "green" model, after a few weeks of poor performance... I'm aiming to progress forward from here again, with data helping I hope...

Just going by the scatter chart it looks like you're onto something when backing at odds below 4. I know its a tiny sample size but if you had a condition that you only backed below 4 then you'd be in profit so might be something worth keeping track of.

Yes, exactly what I determined. As you say I need a lot more data points... and in a better racing week without snow! but... i'm currently only 50p down, if I had traded entries only under 4, i'd be £4 up! anyway, let's see how the weekend of limited frozen racing goes, and i'll publish an end of week scatter on sunday,

[Trader Pat]

So in this current incarnation no. But in previous ones yes. I have simplified the bot going back to my "green" model, after a few weeks of poor performance... I'm aiming to progress forward from here again, with data helping I hope...

Just going by the scatter chart it looks like you're onto something when backing at odds below 4. I know its a tiny sample size but if you had a condition that you only backed below 4 then you'd be in profit so might be something worth keeping track of.

Yes, exactly what I determined. As you say I need a lot more data points... and in a better racing week without snow! but... i'm currently only 50p down, if I had traded entries only under 4, i'd be £4 up! anyway, let's see how the weekend of limited frozen racing goes, and i'll publish an end of week scatter on sunday,

Yeah exactly, its a poor time of the year for gathering data!

Like Rolla says though keep up the hard work! If nothing else it will show you what doesn't work which is invaluable in itself

[Trader724]

Currently seems a correlation for higher entry odds == higher loss, no high odds entry winners

There are some key points in markets apart from odds incremental change where things happen a little differently and if you adjust your strategy sensibly you will improve your results.

[goat68]

Currently seems a correlation for higher entry odds == higher loss, no high odds entry winners

There are some key points in markets apart from odds incremental change where things happen a little differently and if you adjust your strategy sensibly you will improve your results.

Thanks, yes other than the obvious entry odds, not sure at the moment. Im wary of arbitrary changes at the moment, ill gather the weekends trades and then do more correlations...

[speedyhamster]

The mindset of an consistant trader(making consistant Profits) needs to have is nearly or is opersite to most peoples in society, without this minset you will only be a random trader Trading with fear of losing Money will invoke protective mechanism's in the Brain which will result in you not seeing what the market is doing Correctly (the brain will hide things from you to protect you from harmful emotions). it can also affect the way you perceive Data from Automation, this is only one example of mindset problems.
Looking at 10,000 markets or even 20,000+ markets without this correct minset,you will only obtain 20% of what you need to be a consistent trader.this correct mindset can be obtained with practice and the will to change your mindset (core belief)

Note the word "you" is not aimed at anybody, consistent profits include losses

This mindset (80%) enables one to trade without fear or emotion, which allows the flawless execution of your strategy, it enables you to see opportunities within the market and take advantage, and to take a small loss when It is not going in your favour or to maximize profits.

Having this mindset enables you to become the slot machine instead of the player, to become the casino instead of the player.

[beermonsterman]

The mindset of an consistant trader(making consistant Profits) needs to have is nearly or is opersite to most peoples in society, without this minset you will only be a random trader Trading with fear of losing Money will invoke protective mechanism's in the Brain which will result in you not seeing what the market is doing Correctly (the brain will hide things from you to protect you from harmful emotions). it can also affect the way you perceive Data from Automation, this is only one example of mindset problems.
Looking at 10,000 markets or even 20,000+ markets without this correct minset,you will only obtain 20% of what you need to be a consistent trader.this correct mindset can be obtained with practice and the will to change your mindset (core belief)

Note the word "you" is not aimed at anybody, consistent profits include losses

This mindset (80%) enables one to trade without fear or emotion, which allows the flawless execution of your strategy, it enables you to see opportunities within the market and take advantage, and to take a small loss when It is not going in your favour or to maximize profits.

Having this mindset enables you to become the slot machine instead of the player, to become the casino instead of the player.

I like your post
One of my biggest problems was FOMO I would come in from work superman dive to the computer and trade the first thing I could see It took me a while to come out of that now but wow that shit was heavy

[goat68]

The mindset of an consistant trader(making consistant Profits) needs to have is nearly or is opersite to most peoples in society, without this minset you will only be a random trader Trading with fear of losing Money will invoke protective mechanism's in the Brain which will result in you not seeing what the market is doing Correctly (the brain will hide things from you to protect you from harmful emotions). it can also affect the way you perceive Data from Automation, this is only one example of mindset problems.
Looking at 10,000 markets or even 20,000+ markets without this correct minset,you will only obtain 20% of what you need to be a consistent trader.this correct mindset can be obtained with practice and the will to change your mindset (core belief)

Note the word "you" is not aimed at anybody, consistent profits include losses

This mindset (80%) enables one to trade without fear or emotion, which allows the flawless execution of your strategy, it enables you to see opportunities within the market and take advantage, and to take a small loss when It is not going in your favour or to maximize profits.

Having this mindset enables you to become the slot machine instead of the player, to become the casino instead of the player.

I think i roughly know what you mean. I am evaluating this week's data. I have 2 correlations i have modelled, one an obvious one and the other less so but makes better sense to me from a psychological perspective..

[beermonsterman]

The only thing that has helped me to get to where I am now is automation it removes the human element out of trading no emotions to fight.
Even when I had automation file to green or red out 20 seconds before the off I would find myself in a big ish red so I would then skip into guardian and switch it off to let it go inplay hoping to scratch the trade well that always ended badly
automation is teaching me discipline the more I work with it the better I get feels strange that a computer automated system is teaching me but it does seem that way .