True. But in my perhaps primitive view, those very same filters that prevent down weeks are usually just as successful in preventing 1% daily consistent returns. If your filter can prevent the first without impeding the second, then I'm switching brands!
The question is: how long do you have to be consistent before you are consistent? If i'm consistent for 50 years and stop trading, there will surely be people who say that i didn't proof to be consistent. Because the first week after i stop could be the losing week, so there is no certainty about my consistency; maybe i stopped after 50 years because my system wasn't consistent anymore. As daytrader i had no losing week since 2000. (probably since somewhere between 1995 and 1998) I find myself a consistent trader.
Virtually all traders are basically engaged in a Dreams-building business. Let's happily keep our Dreams alive.
Oh, 50 years consistently profitable will be more than great and powerful. Even with 25 years is famous.
OK, that's impressive. But did you generate that kind of return over the several-year-period during which you say that you did not have any down weeks?
I don't publish any returns anymore, i've been bashed too many times. But in 2004 i posted 3 days of realtime trading (on another website). I made net approx 48% return. 75% profitable trades, which was less than my long term average.