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has anyone EVER seen a successful trader/trading system?

  • #1,541
  • Oct 28, 2020 11:59am Oct 28, 2020 11:59am
I spent like 4 years coding, backtesting, optimizing trend following systems and two years forwardtesting them.. all this for a shi**y 10%. slippage was insane.

if you say it works I believe you.
  • #1,542
  • Oct 28, 2020 11:59am Oct 28, 2020 11:59am
Quoting HeyYou
{quote} so are you using some TF strategies that still work in 2020 ? it seems to me that TF doesn't work that well on FX/metals anymore. maybe I'm wrong... do you have a myfxbook or fxblue account ?
I say that almost trend trading is the only strategy where you can build a trading situation in the end of which you win in every way. but you have to do it wisely.
  • #1,543
  • Oct 28, 2020 12:12pm Oct 28, 2020 12:12pm
trend trading is all about hitting a longer trend and profiting from it. well it doesn't always work out first sometimes it takes two or three attempts to hit the right direction.
but proper money management is very important.
i only h1 en trade.
  • #1,544
  • Oct 28, 2020 12:18pm Oct 28, 2020 12:18pm
Quoting HeyYou
I spent like 4 years coding, backtesting, optimizing trend following systems and two years forwardtesting them.. all this for a shi**y 10%. slippage was insane. if you say it works I believe you.
I can ask what the problem was.
  • #1,545
  • Oct 28, 2020 12:24pm Oct 28, 2020 12:24pm
Quoting tiborf71
{quote} I can ask what the problem was.
I guess the problem is that TF is too popular.
  • #1,546
  • Oct 28, 2020 12:29pm Oct 28, 2020 12:29pm
the way i do it is that i don't expect instant profits.
  • #1,547
  • Oct 28, 2020 12:37pm Oct 28, 2020 12:37pm
Quoting tiborf71
the way i do it is that i don't expect instant profits.
well, if I see 10% return over a two years period... I give up. maybe I'm missing something, that's why I was asking.
  • #1,548
  • Oct 28, 2020 12:49pm Oct 28, 2020 12:49pm
Well, I use simple moving averages for entry and exit.

but good money management is very important.
the simpler the better.
  • #1,549
  • Oct 28, 2020 1:00pm Oct 28, 2020 1:00pm
but the point is in trend trading, don’t expect immediate profits,
that's not what it's about.
  • #1,550
  • Oct 28, 2020 1:04pm Oct 28, 2020 1:04pm
Quoting tiborf71
Well, I use simple moving averages for entry and exit. but good money management is very important. the simpler the better.
yeah good mm and all.. DD was "just" 30% by risking about 3%/trade, low frequency of trades. the problem was slippage as I said...
  • #1,551
  • Oct 28, 2020 1:07pm Oct 28, 2020 1:07pm
simple PA.... simple indicators... always the same problem: negative slippage.
  • #1,552
  • Oct 28, 2020 1:09pm Oct 28, 2020 1:09pm
in what time frame did you trade?
  • #1,553
  • Oct 28, 2020 1:13pm Oct 28, 2020 1:13pm
Quoting tiborf71
in what time frame did you trade?
I traded major SR breakouts..
  • #1,554
  • Oct 28, 2020 1:16pm Oct 28, 2020 1:16pm
Quoting HeyYou
{quote} I traded major SR breakouts..
my only opinion is that tren trading is probably the best time frame for h1.
  • #1,555
  • Oct 28, 2020 1:25pm Oct 28, 2020 1:25pm
Joined 2015 + 1700 post, and give up ? Weird ...
  • #1,556
  • Oct 28, 2020 1:29pm Oct 28, 2020 1:29pm
Quoting Macy
Joined 2015 + 1700 post, and give up ? Weird ...
I'll be back
  • #1,557
  • Oct 28, 2020 1:35pm Oct 28, 2020 1:35pm
Quoting Macy
Joined 2015 + 1700 post, and give up ? Weird ...
In your question is answer....
  • #1,558
  • Oct 28, 2020 1:44pm Oct 28, 2020 1:44pm
Quoting ficibald
{quote} In your question is answer....
what do you mean ?
  • #1,559
  • Oct 28, 2020 1:55pm Oct 28, 2020 1:55pm
Quoting HeyYou
{quote} what do you mean ?
I mean if someone start something many years ago, do hard work and got no succes it is normal if they quit. I mean nothing offensive
  • #1,560
  • Oct 28, 2020 1:57pm Oct 28, 2020 1:57pm
Quoting ficibald
{quote} I mean if someone start something many years ago, do hard work and got no succes it is normal if they quit. I mean nothing offensive
Edit :but quiting is not about us
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