Agreed!Good point .It is an excel formula , need to run it over 20 years data I have no doubt it will work , 20 years data is similar to one year.I am experienced with the instrument for last 3 years . No man's knowledge here can go beyond his experience.To acquire knowledge, one must study; but to acquire wisdom, one must observe What I have designed is a mathematical formula , based on the option formula .When option formula goes bust , it won't work.As long as the option formula works , it will always work.
You don't know that unless you test it out. Last 3 years have been easy, things that worked in the last 3 years typically didn't work in 08/09 (most not all).
What is ridiculous about 176 ticks a week on the German Dax?You need have a bit of wisdom , a little imagination and be a lot of thinking and THINK OUTSIDE THE BOX.You can not see the trees from the forest , for the succesful formula , because everything around you is dragging your imagination lower. I think way differently to what you guys are surrounded by .I am surrounded by quality people that lift me higher and I get quality thinkin ,but I am dumber than 80 % of the people here. 176 ticks on dax is like 17.6 full points on s and p
I agree so when I devised this method , it has to work in brexit situations/extreme markets.The method I have is very robust.How I trade is unique and totally different to how you guys trade. In 2015 it dropped 30% , in 2008 /9 it dropped 50% , so I am well prepared for it
How long then as sufficient proof, in my view rarely trader they can making good profit a year, often I am hear many trader fail less than six month especially retail trader
It isn't just about "how long". If you have a stupid method with a high win-rate that doesn't use stop-losses, and which wipes out your account when you have a big loser, and you take one trade per year with it for a decade, then even a decade isn't "long enough", is it? A 15-year backtest over a few thousand trades might give you a pretty good indication, though. You have to achieve statistical significance before you can assess an "edge".
yeah, i was literally attacked when i said no one has a crystal ball. Even technical analysis is 50/50 at best. I developed a winning strategy but i'm holding it close.
Trading 101 - The Internet is swarming with zillions of broke ass X traders that washed out trying to trade. These sharks target naive newbies. Any legit successful trader selling training will gladly volunteer to show your their audited tax returns showing their ROR and draw downs done by a nationally recognized firm that the buyer can look at and verify by contacting that firm directly. Not checking the seller s track record makes the buyer a real sucker in a scam. Any clown can create a strategy with linear upward sloping equity curve on back testing - this means absolutely nothing.
I am trading live with emotions , real money on the line , the results are per back tests.small mistakes cost 20ticks a week