I am working on a new method of trading in the simulator (S&P500's), and was building a spreadsheet to analyze my performance over time. While setting up a chart to monitor the cumulative R:R, I wondered if anyone who has charted their own performance sees chart patterns developing?? My first thoughts were if the "drawdown" of a consistently profitable trader retraces to fib levels, then reverses?? maybe theres nothing in it, but has anyone experienced anything like this?????
Yes, everything charted has a footprint or pattern that may or may not be/appear random. No I don't use that chart. I'd end up fading myself.