Please traders:
Can you help,by giving your opinion,about the following issue:
If we have a trading method with the following characterstics:
1-trades one pair per day.
2-uses no indicators at all.
3-one trade per day,either won or loss.
4-always closed within the same day.
5-defined stop limit,take profit the same always,i.e in terms of no of pips.
6-Risk/reward ratio of 3/5.
Now the questions are:
1-How many trades are enough to forward test this method,so as to till that this method is working or not,and to be almost sure that it is not working by chance?
2-what is the percentage of winning trades,for this method to be consistantly profitable,providing that winning trades achieve the targets 100% or 80% of thier predetermined targets?
I will be very thankfull to have your opinion.
Thanks,
Atheer1
Can you help,by giving your opinion,about the following issue:
If we have a trading method with the following characterstics:
1-trades one pair per day.
2-uses no indicators at all.
3-one trade per day,either won or loss.
4-always closed within the same day.
5-defined stop limit,take profit the same always,i.e in terms of no of pips.
6-Risk/reward ratio of 3/5.
Now the questions are:
1-How many trades are enough to forward test this method,so as to till that this method is working or not,and to be almost sure that it is not working by chance?
2-what is the percentage of winning trades,for this method to be consistantly profitable,providing that winning trades achieve the targets 100% or 80% of thier predetermined targets?
I will be very thankfull to have your opinion.
Thanks,
Atheer1
atheer1