Only 9% of traders earn positive lifetime net returns

Discussion in 'Trading' started by Prospergain, Jan 11, 2025.

  1. If people only spoke about what they understood, the silence that would prevail in the world would be unbearable.
     
    #91     Jan 12, 2025
  2. MarkBrown

    MarkBrown

    so answer the questions you asked me...

    I m sorry but i have to ask... Are you a professional money manager {programmer}? Have you manage a better 17 years audited track record {backtest}? Can you share it?

    Why did you change baskets, did the 1st basket fail? Why will the next and the next and the next basket not fail? Always over optimizing? How many years you been doing this including this year? Are you listed somewhere as 1 of the 9%? Why are you posting here? What is your purpose?
     
    #92     Jan 12, 2025
  3. Happy now?
     
    #93     Jan 12, 2025
  4. MarkBrown

    MarkBrown

    where give me link
     
    #94     Jan 12, 2025
  5. In my Heart. <3
     
    #95     Jan 12, 2025
  6. VOLdemort

    VOLdemort

    It's a breakout strategy with tight stops and a absurdly poor hit rate. It's not stake-able.
     
    #96     Jan 12, 2025
  7. Thank you for sharing your thoughts. I’d like to clarify a few aspects of my strategy and address your concerns.

    1. Hit Rate vs. Risk-Reward:
      While the win rate (59.9%) might seem modest, the strategy is designed with a risk-reward ratio of 1:1.6, meaning profitable trades generate significantly more than losses. This aligns with long-term profitability, even with a lower hit rate compared to other strategies.

    2. Breakout Characteristics:
      While the strategy might incorporate breakout principles, it’s not a conventional breakout approach. It focuses on recurring patterns following economic announcements, using historical data and rigorous testing to ensure robustness across market conditions.

    3. Stake-ability:
      The strategy has been successfully implemented over the past 17 years with live results and verified stats on platforms like Myfxbook . Metrics like a 2.41 profit factor, 3.5 recovery factor, and Sharpe ratio of 1.00 suggest it’s sustainable and capable of managing larger stakes responsibly.

    4. Risk Management:
      Tight stops are part of a disciplined risk management framework, ensuring that losses are controlled. This approach has consistently delivered long-term profitability rather than relying on high-risk trades.
     
    #97     Jan 12, 2025
  8. VOLdemort

    VOLdemort

    It's a mathematical-impossibility that the equity curve is a 60% hit rate at 2:3.
     
    #98     Jan 12, 2025
  9. Entertainment Tonite!
     
    #99     Jan 12, 2025
  10. 2rosy

    2rosy

    Didn't the recurring patterns following economic announcements disappear with HFT
     
    #100     Jan 12, 2025