I watched that guy's trading and when he first appeared I knew he is a bad trader. He could not predict market and was clueless about market trend. Check his trade entries, whenever stocks up he short it, and stocks down he buy it.Fighting against market is his method. His method is garbage, has no comparison with mine. Your claim that my strategy is good only for a short time period is baseless.My strategy can catch the start and end of every short term trend and can deal with any situation and any long period . My method is based on support and resistance? Then the August market retreat was also at resistance level and why my system still said the trend is still up?Check my posts in that thread and I said at August retreat that market trend was still up. The support and resistance level TA is garbage and 100 times worse than my method. Anyone who could not judge that bad trader when he first appeared,he can't judge a good strategy.
I don't think he did that, he based his trades on long term levels almost the same way as you did. And when you choose long term levels as your signals and choose close enough PTs it's easy to get high win percentage for a period when markets ar more or less quiet. Try doing the same when the trade volumes get higher.
Ok, I may mistook him with another guy. Since i don't know him I won't judge his method. And since you don't know how my method work, don't judge my method. The technical level my method based on is trend turning point. The price level that I aimed to entry and exits are short term trend turning point.
Fair enough. It might be i am wrong. I just made my conclusion based on only some of your trades. I could clearly see that your entries and exits clearly aligned with support and resistance levels. But again I don't really know. Maybe you did a really sound backtest and the results were good. Anyway good luck
I like the guy's win percentage. That seems reasonable. I don't like his max drawdown, because if that made up the bulk of the losses when he first started, the algo could not continue to make money. He would be margin called.
$571,000 ....for a useless strategy, A real trader should be able to generate millions a year in the market from their own account. All those social trading sites are for clowns and charlatans and lazy, impatient, gullible, ignorant, amateurs. Nothing of true value and insight and originality can be gleaned from those type of sites.
They are much better than you. At least they have courage to put up their records for other to see. Where are your records? You have been bragging everywhere without any proof. You have had big courage to brag, but zero courage to show your records. Brag without proof worth nothing.
How is your holy grail is doing? I see you started averaging up and down. It's a great sign that you are on the right track