Basket trader equity left on table problem (multiple pairs)

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Anyone ever build a basket trader that leaves cash on table like this? how did you deal with it? 

It trades 10+ pairs and often has 20 trades open ( the RR is high so i understand why the gap is huge) Im guessing by design it must do this?  

cash on table !

I tried adding profit grab, failed ! DD always higher, profit always lower.

Im not worried about DD at all, Just the huge gap between balance and equity.  any ideas? 

 
Scott Adam Meldrum:


depends on the strategy. You may find that if you u close all profit trades then the dd may become unacceptable.

You could just try and close trades with profit above X% of the individual trade OR use some indicator the will close these profit trade early.

But that image (looks to me) like it is using a profit only, trail stop? If so, then, any closures of profitting trades may require a "refresh" of the trail stop.

 
Michael Charles Schefe #:

depends on the strategy. You may find that if you u close all profit trades then the dd may become unacceptable.

You could just try and close trades with profit above X% of the individual trade OR use some indicator the will close these profit trade early.

But that image (looks to me) like it is using a profit only, trail stop? If so, then, any closures of profitting trades may require a "refresh" of the trail stop.

I take care of all that, trails are the jumps in equity. If I trail too tight those long runs collapse! It is trading % of account so that’s why gaps are bigger on right. I guess it’s not fixable/doing what it’s designed to do ?  PS- That is not one long trade in one direction it’s multiple switches across multiple currencies- buy /sell every 3-4 hours.  
 
Scott Adam Meldrum #:
I take care of all that, trails are the jumps in equity. If I trail too tight those long runs collapse! It is trading % of account so that’s why gaps are bigger on right. I guess it’s not fixable/doing what it’s designed to do ?  PS- That is not one long trade in one direction it’s multiple switches across multiple currencies- buy /sell every 3-4 hours.  
yeah. understood. But it may be still an idea to test with some indicator to close the profit trades early, even if it is only the top 10% of those profit trades. But again, this will almost certain to require the trail stop to be refreshed. I have similar issue when trading multi symbols, but i have a momentum indicator that triggers those profit trades to close on a single symbol if momentum changes in opposite direction all of a sudden; locking in profit from that symbol. I then have a function to add up those profit trades i just closed, and add it to the equity of the profit trades that are still open; ie my profit, trail stop is virtually unaffected by closing trades early.
 
Michael Charles Schefe #:
yeah. understood. But it may be still an idea to test with some indicator to close the profit trades early, even if it is only the top 10% of those profit trades. But again, this will almost certain to require the trail stop to be refreshed. I have similar issue when trading multi symbols, but i have a momentum indicator that triggers those profit trades to close on a single symbol if momentum changes in opposite direction all of a sudden; locking in profit from that symbol. I then have a function to add up those profit trades i just closed, and add it to the equity of the profit trades that are still open; ie my profit, trail stop is virtually unaffected by closing trades early.
I tried, close top X% of positive, close all of profit =>X, close all partial by %,  clamp sl up tight!! Literally everything. I can’t improve it !! - I just wondered if that’s perfectly normal/acceptable in large baskets. I literally ran the best settings I have (including best trail for individual pairs) with 6-7 variations of a new profit grab feature and not 1 improved anything. 
 
Scott Adam Meldrum #:
I tried, close top X% of positive, close all of profit =>X, close all partial by %,  clamp sl up tight!! Literally everything. I can’t improve it !! - I just wondered if that’s perfectly normal/acceptable in large baskets. I literally ran the best settings I have (including best trail for individual pairs) with 6-7 variations of a new profit grab feature and not 1 improved anything. 

sure. as long as your profit target is a % of your account balance, then, you will need more and more profit trades to get to the new target -- since when you make 100% profit, then, your NEW profit target is then also increased 100%.

I consider that a "2 edge sword": bad, means harder to get to profit target; good: gives you "some room" for more trade management; and even might even mean that you can take more risk such as open more trades in profit direction.

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