Hi folks,
I am half pro trader, checking systems a lot.
Please be aware of volatility last 4 month. Lots of breakout systems does not work in the long run, this one here is also a candidate.
Right now it's very easy to gain pips with trend follow systems, so it's not the system which works, it's the trend following.
Almost every technical breakout system, no matter which indicator or whatever won't work in the long run.
Use that system here until January and you could gain nice profits, then leave it alone.
If you optimize without backtest, it makes no sense...
no you haven't...until you know why the market behaves this way.
Sorry for my harkish but I just want to save your time,
have a nice day,
Jack
I am half pro trader, checking systems a lot.
Please be aware of volatility last 4 month. Lots of breakout systems does not work in the long run, this one here is also a candidate.
Right now it's very easy to gain pips with trend follow systems, so it's not the system which works, it's the trend following.
Almost every technical breakout system, no matter which indicator or whatever won't work in the long run.
Use that system here until January and you could gain nice profits, then leave it alone.
If you optimize without backtest, it makes no sense...
QuoteDislikedbetter luck next time. now you have new armor to fight whipsaws.
Sorry for my harkish but I just want to save your time,
have a nice day,
Jack