"I think I like the conservative approach." JFC, hilmy, WHAT conservative approach?!? Oy, stop with chart spam, for all that is holy! I know it is your journal, but holy shit! Stop!
How about you get your funds ready. If you recall, you would put your money up if I ever traded NQ https://www.elitetrader.com/et/thre...ted-trading-system.375416/page-6#post-5840206 Come end of this month, be pleasantly suprised. Unless you're a faker or liar, which if you are, I have to call you out on EVERY DAMN POST... *evil laugh
Final backtest on current strategy (Apr 2006-Oct 2016 continuous) on 1 NQ (without compounding). Based on my numbers, I have about 4.5% risk of ruin (using 65% win rate and maximum of 5 trades in a day). If the range stays small, I probably get hit with 20-30% DD which can take 3-4 months to recover. Back to back hits can take almost a year to recover (as seen in 2011). If the range is large, I'm out of the game, simple as that. But volatility is what helps with breakout strategy, so it's a catch 22. 2006-2017 range for NQ was tiny compared to 2018-2023. The strategy survived live in 2023, and backtests for 2018-2022 (Apr-Oct segmented) showed it worked just fine. Aprl 2006-Oct 2017 Had to do 2018 to forward tests on separate timelines since the data is pegged to UTC time. 2022 2021 2020 2019 2018