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Looking for a strategy that DOESN'T make money!

  • #21
  • Nov 24, 2018 10:16am Nov 24, 2018 10:16am
Quoting Loftboy
{quote} Losing, not loosing.
he was using the term losing loosely
  • #22
  • Nov 24, 2018 10:30am Nov 24, 2018 10:30am
Quoting JsCave
{quote} i spent years for training my eyes on waves and patterns on charts... even i trade with just my eyes without indicators .... i know what you want but i can't give you my secrets because it's my secrets
Okay yeah I do see your TEs, it does look like you trade with just your eyes. Do your TEs also demonstrate the years of training your eyes on wave patterns or your other trading secrets? If you could just give a hint about how you're able to do this, it would be much appreciated. Pretty amazing stuff
  • #23
  • Nov 25, 2018 5:04am Nov 25, 2018 5:04am
Quoting Aqwerk
{quote} You're on the right path. Takes a beholder. Keep up the hustle and grind.
Yeah. I have 3 successful strategies I use that currently make profit. So i thought I'd play with if I can turn a looser into a winner with some spare time.

The problem is everyone assumes that everyone thinks like them and does the same things for the same reason.
  • #24
  • Nov 25, 2018 5:05am Nov 25, 2018 5:05am
Quoting EcoTrader
I can't suggest an EA but if you follow dufas's advice you are sure to consistently lose
I'll take a look thanks
  • #25
  • Nov 25, 2018 5:10am Nov 25, 2018 5:10am
Quoting Aar
{quote} Interesting. 26 consecutive loss at what RR those trades are? Playing with lot sizing means what some sort of martingale or increment lot size on each trades? About strategies you can find lot by searching over internet. Most of the shared strategies are loser usually so why not pick one from them which has fixed sl & tp & bigger RR. Regards.
RR in the traditional sense goes out the window with this experiment as you say it uses a form of martingale. Albeit a very gentle form. In manual testing over 4 years it averaged 2.27% return per month with a 50%DD. 50% DD was hit 3x in 4 years including twice very close to Brexit 2016.

Now not the sort of stats that i would ordinarily consider successful but for what I'm doing it's a good start.

Was ideally looking for an EA so I can forward test in the background but will take another look through FF and see what I can find.
  • #26
  • Nov 25, 2018 5:15am Nov 25, 2018 5:15am
Quoting hilmy83
{quote} have you read posts by hanover? he talks about the fact that there is no edge in position sizing alone. so throw out the martingale, the grid, and all of the other position sizing 'tricks' you have up in your sleeve. it wouldn't work on a negative EV system. but again, i'm just some random dude on a forum telling you this, so you probably don't give a siht and waste your efforts on this anyway. good luck
Whilst I. Generally tend to agree. If you have a system that over a 10 year period can return positive whilst retaining a sensible form of trading why discount it.

Most people who do martingale do it very aggresively with small accounts. What imIlooking at starts on 0.01 lots per £500+ balance. Even 0.01 per £1000 would return 15% per year with 25% DD hit 3 times.

If you have a system that can operate up to say 30-40consecutive losses and still return positive then doesn't that justify some form of exploration.
  • #27
  • Nov 25, 2018 5:16am Nov 25, 2018 5:16am
Quoting spotrate
{quote} Yes, almost any EA that is publicly shared or sold by transcontinental tapeworms.
Hehe. Your not far wrong there mate.
  • #28
  • Nov 25, 2018 5:18am Nov 25, 2018 5:18am
Quoting cat
{quote} There is no such thing as a 'strategy' irrespective of whether it makes money or not, because strategies do not exist in isolation to be picked off the shelf like a can of cat food. Strategies grow and evolve over time within each individual, representing the sum total of knowledge and experience gained interacting with the markets. This is why any trader hoping to use a system they themselves have not developed, will always fail. The search for the ' killer ' strategy is the biggest illusion in the industry. You can take a method and work...
Couldn't agree more. Often it is the trader that makes the system profitable not the system itself. Which is why all new retail traders that bounce between systems every couple of months will never return profit because it is them that is at fault not the system itself.

My longest running system has had to evolve 3 times in 18 months due to evolving market conditions.
  • #29
  • Nov 25, 2018 5:19am Nov 25, 2018 5:19am
Quoting Loftboy
{quote} Losing, not loosing.
My apologies. I'd like to hope that was down to autocorrect lol.
  • #30
  • Last Post: Nov 25, 2018 5:21am Nov 25, 2018 5:21am
Quoting JsCave
{quote} i spent years for training my eyes on waves and patterns on charts... even i trade with just my eyes without indicators .... i know what you want but i can't give you my secrets because it's my secrets and also you can't get my eyes ... but in short what you want ... you will find it in (Gartley Pattern) .... if you smart enough to do research and use it effective .... your consecutive losses will be 9 in bad cases. so it's better than 26 your consecutive win will be 2 to 3 in good market conditions. and you will get your risk:reward 1:5...
I was thinking about harmonics. And EW too. So I will take a look at solely trading gartleys in some shape or fashion.

Thank you
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