Yes you are right. All the secret, his secret, is there
Cheers
jf
Williams%R, SAR X-over 15 minute candles
- #952
- Aug 28, 2020 12:51am Aug 28, 2020 12:51am
I always find it strange when traders post their P&L on a forum...
I have often posted my results. In this form (an example below). Nothing to do with ego (Winn AND loss) ! It is a way to participate, sometimes to modify something, to prove that the strategy works or not or moderately, to compare, to improve etc... I really don’t see what your problem is. On all threads it's so
Nothing to do with Holy Grail !! But play better
Thanks
jf
- #954
- Edited 1:50am Aug 28, 2020 1:37am | Edited 1:50am
My english is very bad, I don't understand well your last post Rob. Sorry
I'm still learning here. And it's summer. Don't always in front of my PC on TF 5mn ... Next months.
I agree that BigBand's way of posting results doesn't do much for the community. The choice of pairs to play and graphs with input output are much more meaningful
Cheers all and : THANKS !
jf
EDIT : I also see if the selection of pairs could be done on H1 H4 with EMA 100 (the famous Magic 100). Simple and mechanical ... I'm not a good discretionary trader
I'm still learning here. And it's summer. Don't always in front of my PC on TF 5mn ... Next months.
I agree that BigBand's way of posting results doesn't do much for the community. The choice of pairs to play and graphs with input output are much more meaningful
Cheers all and : THANKS !
jf
EDIT : I also see if the selection of pairs could be done on H1 H4 with EMA 100 (the famous Magic 100). Simple and mechanical ... I'm not a good discretionary trader
When Following Any strategy it can be from simple moving average to any complex system. system only play small part in trading. reason is any one can make money with any system if it has more than 40% win rate. But the problem is person behind who follow the system is full of emotions this is where the problem come. in my years of trading experience i did the same when i test or run a system and if it make money i stick to it. and when the time i see it looses few trades in a raw for 2 days i start to dought the system and start adding and removing things or changes settings. this is how the problem happen. because forex market is different than other market as there is more liquidity. so any system can have good days and bad days. what we need to understand it this truth. if there is 10 bad trades in a row which doesnt mean system is not working. it mean market conditions changes and we need to be patience. and we need to stick to same rule without changing anything as when we count 100 trades in a row and if we see over 40% win rate which mean 10 loss in a raw dosnet effect our profit. if we change the rules which mean we change whole system and we are not at the beginning again
profit is same as market. profit goes up and then make some pull back to increase higher again. if you look clearly you can see our profit graphs is same as trending market. it create higher high and low. which is normal. and traders quit the system when they see small pull back on profit. this is why most people still struggling finding the perfect system . but they do not know how many perfect system they did miss.
I have attach the screen shot of the graphs which i back test the stratergy with qulite similler +/- and you can see there are days which make continues looses but winning few trades beat that and create higher high
this is why i always use my own build EA for my personal trading. when i give the rules to EA it does follow them without any emotion. in long time which bring me nice profit. thats what we all wanted. keep the emotion away follow the rules without changing them and most importantly let the market to move.
profit is same as market. profit goes up and then make some pull back to increase higher again. if you look clearly you can see our profit graphs is same as trending market. it create higher high and low. which is normal. and traders quit the system when they see small pull back on profit. this is why most people still struggling finding the perfect system . but they do not know how many perfect system they did miss.
I have attach the screen shot of the graphs which i back test the stratergy with qulite similler +/- and you can see there are days which make continues looses but winning few trades beat that and create higher high
this is why i always use my own build EA for my personal trading. when i give the rules to EA it does follow them without any emotion. in long time which bring me nice profit. thats what we all wanted. keep the emotion away follow the rules without changing them and most importantly let the market to move.
