Winrates based on less than 500 trades are essentially meaningless. How many trades is your 90% based on?
I wouldn't even give 500 much credit. It's not the trade count that matters, more than th time period. A scalper could make 500 trades in a month, week, or possibly a day. That time period is not enough at all to evaluate a system. You want results from different economic time periods. If somebody has been 90% for 2-3 years, then that's impressive. But 90% in a few weeks or months is nothing worth evaluating.
But seriously anyone got a or a 84.2% profitable method? Would pay top dollar for that be awesome. Firstly of like to say don't look in my journal. Thanks.
Ridiculous. You talk like timeframe doesn't matter but it does. You don't need 2-3 years to get a significant sample size with 5-minute data.
I have one of these, although currently in prototype form. Not sure I like it though ... the average loss being 2.5 x the average win, it doesn't take long to get into a significant DD, and then, it can take a long time to get out of it.
You definitely need at least few years of data, for different market conditions. Would you seriously consider something with 2000 trades on 5min over 6 months? For me, that's insignificant. Having 500 trades on 5min over 3 years is much more meaningful. However, a high win rate (80%+) simply means the drawdowns are on their way.