Does a winning strategy have to work in all markets ?

Our confliction is within the bolded text. You are right with regards to the same efficiency. But a strategy that is losing buckets of dollars in one market and making loads in another is questionable at best.

If you cannot determine why that is happening the majority of the time it is because the strategy is overly fitted to one market.

 

YES - I use the same system all markets - from scalping to position trading - and yes it works in any market anywhere in the world and beauty is there is very little difference between the dollar amounts put at risk but over time position trades( mostly from 1 week to 6weeks trades) tend to pay the rent whilst scalping and day trading keeps me amused.

 

I agree with South Beach.

Trackstar - I understand what you are saying but there are many many ways to test for robustness and to avoid curve fitting.

 

try this approach instead

http://files.publico.es/resources/archivos/2008/4/21/120877398819220080421-1136361dn.jpg

 

Thank you for your reply Traderzones

In the past 7 months I turned 1,000 into 7,000

These are screen shots of parts of my last 4 monthly statements, that should answer most of your questions.This is all of my personal info from my statements that I am comfortable sharing online

I started off live trading with a 1,000 trading 1 contract, now I trade 2-4.This is a small account but it is just a learning/confirming that my system works account.

i have been working on my current system for 2 years and am considering taking out a mortgage on my house to trade with a 100,000 account.I have backtested my system by hand the past 4 years and every year has brought over 200 % returns.I can live comfortably off of 100,000 a year as I currently make 40,000 on my current full time job

I have read that liquidity and slippage becomes an issue with the YM when trading more then 20 contracts which is why i started to test on other markets.As I said my system does poorly on individual stocks .My system does well on crude,gas and heating oil futures though

 

Thanks to all those who replied

Cheers,Mike

 

Still waiting for proof of your system and trackrecord. You don't trade, so you shouldn't give advice asswipe....

 

And when did I ever mention curb fitting ??

 

Relax buddy.
Trackstar did.

 

It depends on the input-parameters of your strategy.
If other instruments are involved (like Dollar-index, Oil, Bonds or what ever), it will not work (or as a contra indicator).