This is an older version. My newest observations allowed me to reduce this Drawdown on backtest. But i did not said 25% . i said an average of 25%. That means it can be more for some years less for other years
His return chart doesn't look impressive to me because if you overlay the Nasdaq, both his returns and the Nasdaq bottom out exactly on August 5, 2024 Seems like his returns are basically just like a 3x Nasdaq ETF. He will need to somehow convince investors that his returns are like a 3x Nasdaq ETF but with better risk control.
Curve fitting is the mistaken modeling of a trading strategy based on market noise rather than market behavior, leading to poor performance in live trading. How exactly is that surve fitting? Can you explain?
I meant if you just compare to a Nasdaq Composite chart on a different tab. I don't think Myfxbook allows you to add another index to your return chart. So I think it is going to be very important how you market your returns, given the high correlation with Nasdaq Composite.
I am just an amateur retail trading my own money so I can't help you. After 7 pages of postings, you are no closer to your goal than your first post. It should be obvious to you that to achieve your objective, you just have to pull yourself up by your bootstraps. No one will help you. Reminds me of my first year on ET, humbly asking for help on how to trade options. There were a few helpful souls giving me some generic pointers here and there but most just made fun of me. I ended up figured it out myself, mostly reading books, ET posts, interpreting and reading between the lines what others, especially those professional option traders said, and finally forged a profitable path. Don't give up. If you have conviction and a good system, which seems like you do, you will get there. Good luck and best wishes
Doesn't surprise me that most made fun of you. Take a look at any random YouTube video, and see what type of comments people are posting there. It is self-selecting on who actually bothers to comment on YouTube and on here. The true rockstar traders ain't posting online, or if they are, they ain't posting much.
OP does seem to have something profitable. But im not sure how the high win rate on individual trades and positive RR leads to so many losing months and deep drawdowns. Which would suggest his wins and losses come in longer streaks than would be expected for a regular system that wins 60% of the time. If it was like a regular 60% winning system and 1.6RR, the equity curve should be much smoother...
I don't mind been made fun of but some posters were outright nasty. Good thing I have thick skins and this forum is anonymous, you don't know who I am or how much AUM I have.. As long as I get what I wanted out of it I don't actually mind.