Whats the Fuss!
Hi everyone I have looked at a lot of different systems and they all seem to work for awhile and then quit. I have wrote all different kinds of EAs for different systems. Many of which made me pull my hair out.
The sad part is that I have been having just as much profit if not more trading the trend and support resistence breakout. Nothing spectacular just simple break of support or resistence. Or a simple pull back of the trend.
I usually trade these methods on any timeframe a hour or greater with a wide stop loss off 200 - 600 and a narrow TP of 30-100.
Is this what generally happens? I am tired of fighting with indicators and difficult stratgies when I achieve better results from trading these simple ones.
Problem is, just like your EAs, sometimes it works and sometimes it don't. People have a winning streak and post similar things to what you have (I've done it myself), funny thing is we never hear about how the new Ferrari drives, which you would think a natural consequence of trading being so easy.
I had the same experience. Whenever someone posted the latest "hot" new system, I would create an EA to model it only to see it crash & burn during my testing. Since then, I've done a lot of reading and have come to realize that profitable trading is actually quite boring. See the trend, enter the trend, ride the trend - that's it.
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