One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described herein. Past performance is not necessarily indicative of future results. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Risk capital is money that can be lost without jeopardizing ones' financial security or life style. An investor could potentially lose all or more than the initial investment. Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. No representation is being made that any account will or is likely to achieve profit or losses similar to those shown. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. If for some reason you’d ever want to configure a chart in a time zone other than your own (set by the Windows clock), you can do so using NinjaTrader’s Session Manager:ĬFTC Rule 4.41: Hypothetical or Simulated performance results have certain limitations, unlike an actual performance record, simulated results do not represent actual trading. Simply count the number of hours between each UTC time zone. Google), but once you have the correct values, you can perform mental math resembling the following diagram: This requires a bit of investigate work (ie. As Wikipedia states, UTC (Coordinated Universal Time) is the primary time standard by which the world regulates clocks and time. The easiest way to manually calculate the difference in time between two locations is to find both locations’ current UTC time. WolframAlpha is very good at interpreting what you’re asking. In our case, simply typing in “time difference between florida and hong kong” presents all the information we need. Google around for the many uses of WolframAlpha if you’re ever bored. If you’ve never used WolframAlpha, it’s use is much like a search engine, only it can perform advanced mathematical calculations. There are a host of time related applications: a world clock, date to date calculator, stopwatch, and much more. If you want to perform more advanced conversions, this is the place to go. Click the small 24h link on the bottom right of the conversion box and voila! For trading purposes, you may need to convert the time into military. Type in the destination time zone below and the conversion will happen automatically. On the right, don’t worry about the top time box. In most cases, this local time default setting is fine. In the left area of the conversion box, type in the original time. See what works best for you…Ĭlick on the image below to see what we mean… This is also useful for general communication purposes. Some of our software requires minor time zone configuration in your chart. Ever been in a position where you needed to calculate what your time zone is in another part of the world? At Day Trade To Win, we do this all the time for our customers.
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