I don't understand this, if you have a method that gives you 50% winners, the probability of having 75 consecutive losers is 3.77 x 10 ^22 It's possible to have 10 losers in a row , but if you had say 20, you need to re-evaluate your method, because your assumption of your method having a 50% win rate is likely to be wrong.
If you use a 50 % hit rate method , and can devise a betting method which will not exceed a draw down of 5% of your account size, and the 5 % is for 75 consecutive losses, the method will eventually always be a winner. There is such a betting method.
$1m account , with average weekly earnings of $10k and maximum draw down of 10 % . I really don't believe the consecutive losses would ever exceed 20 with manual disciplined trading and draw down would exceed 5% with 60 losses in last 100 trades , and in the worst case (impossible scenario ) 10 % with 80 losses in last 100 trades. There is such a system , where your maximum position size can be 3*start position, yet one could sustain 80 losses out of 100 trades .This betting method would be used on 50 % success rate systems , but one should prepare for 20 % success rate. I know there is random distribution of profits and losses , and it is possible to regulate random distribution losses to 1 win to 2 losses maximum, using a specific method of regulation of randomly distributed losses . If you have a 50/50 system , and losses were evenly distributed , one could easily use a martingale system to recover losses, thereby one would never really have losses , this is because they would all be recovered.The above specific method is not a martingale method.
that 1 mil acct is great if you have it,and if you did,you catch the 3 trendays a month and double/triple/quadruple it every year,if not ,that system has a slim chance of reaching a mil on this system if its more likely 50k or less
This works on day trading. 20 pip stop and trading without any bias. Just look for direction and s/r and take positions , profit target 10 to 20 pips. 200 to 300 pips profit this morning.Testing on demo. What do you think of this over trading with 100 to 200 trades daily?
There were some pairs with 2 positions and others with 3/5 positions, so on average about 60 pips to 80 pips for this morning. See the attached report for detailed trade history with 20 pip stop on every trade.
I don't get it, what is the bottom line profit in pips for strategy in total? And if you trade so well, why question your day trading? Can't download file, something is wrong with how it's attached.