Hi,
I know we keep saying there is no such thing as holy grail in trading. But what does holy grail really means?
Let's put money management and psychology aside first.
Let's say I am searching for a system that having 60%-65% accuracy after backtested if for around 300-500 trades or maybe 1000 trades, assuming 1:1 risk and reward ratio. The system should be 100% mechanical rules or at least very little discreet involve. With these conditions for a system that I am searching, am I searching for holy grail?
Comment and advice from experienced traders are much appreciated.
Anyremote
I know we keep saying there is no such thing as holy grail in trading. But what does holy grail really means?
Let's put money management and psychology aside first.
Let's say I am searching for a system that having 60%-65% accuracy after backtested if for around 300-500 trades or maybe 1000 trades, assuming 1:1 risk and reward ratio. The system should be 100% mechanical rules or at least very little discreet involve. With these conditions for a system that I am searching, am I searching for holy grail?
Comment and advice from experienced traders are much appreciated.
Anyremote