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Good strategy but something's wrong

  • #41
  • May 15, 2021 1:45am May 15, 2021 1:45am
stop manual trading. Use only EAs. Everything can be implemented in algos. 5 years manual testing can be done in several h with EAs optimizations. Time is more valuable than money. Save your time.
  • #42
  • Edited May 16, 2021 1:23pm May 15, 2021 8:19pm | Edited May 16, 2021 1:23pm
Not knowing your basic strategy makes it difficult to offer a constructive critique, however from long ,long experience I can offer the following. Firstly I presume, based on the number of trades you make daily that you are using some kind of sequential bar algorithm that replicates previously profitable trades with the logical expectation of that same pattern will yield a similar profitable result. As a person who has used that same approach,I can tell you we have a tendency in our demo trading and/or manual back testing to choose optimal conditions for our test trading that may not be exactly replicated in our live trades and consequently lead to failed outcomes. Equally important scalping trades do not work well on bank holidays or during times when the number of bars used in a particular set-up encompasses two separate weeks.(i.e. Sunday night trading prior to 2100 Est) Also trades involving Bolly Band crossings can be difficult to predict if one is not mindful of particular nuances that pertain in that trading situation. I hope the foregoing has been of some assistance to you. Feel free to contact me via Pm if you have any further questions .The more information I have about your system the more I may be able to help.
  • #43
  • May 16, 2021 6:18am May 16, 2021 6:18am
The topic is incorrect and contains a logical error. Strategy can't be good if something is wrong with it. It is not good then. So it must be like this:
I have a bad strategy. What can I do?
Observer effect
  • #44
  • May 16, 2021 7:07am May 16, 2021 7:07am
Quoting eyeball
Not knowing your basic strategy makes it difficult to offer a constructive critique, however from long ,long experience I can offer the following. Firstly I presume, based on the number of trades you make daily that you are using some kind of sequential bar algorithm that replicates previously profitable trades with the logical expectation of that same pattern will yield a similar profitable result. As a person who has used that same approach,I can tell you we have a tendency in our demo trading and/or manual back testing to choose optimal conditions...
Really like this answer. Its very valuable
  • #45
  • May 16, 2021 12:58pm May 16, 2021 12:58pm
Quoting joyny
stop manual trading. Use only EAs. Everything can be implemented in algos. 5 years manual testing can be done in several h with EAs optimizations. Time is more valuable than money. Save your time.
im not the best programmer. To be honest i dont know anything about programming :/
  • #46
  • May 16, 2021 12:59pm May 16, 2021 12:59pm
Quoting eyeball
Not knowing your basic strategy makes it difficult to offer a constructive critique, however from long ,long experience I can offer the following. Firstly I presume, based on the number of trades you make daily that you are using some kind of sequential bar algorithm that replicates previously profitable trades with the logical expectation of that same pattern will yield a similar profitable result. As a person who has used that same approach,I can tell you we have a tendency in our demo trading and/or manual back testing to choose optimal conditions...
Thank you for your repliay. I will write u pm with details about my system tomorrow, i will have more time and i want to write step by step what im doing
  • #47
  • May 16, 2021 1:04pm May 16, 2021 1:04pm
Looking forward to hearing from you.
  • #48
  • Aug 2, 2021 9:28am Aug 2, 2021 9:28am
Try news trading.
Very often this brings a lot of profit.
  • #49
  • Last Post: Aug 4, 2021 5:48am Aug 4, 2021 5:48am
Quoting aspik
Hello, i have problem and idk what kind of problem. I know its sound weird, but let me explain. I work on my strategy for some time, then i finally end developing. I checked it on demo and with historical data base. The results was around 75% per day, its scapling strategy with 30-50 trades per day. Then i decide to go live. I fund my acc and i started. My acc balance goes up and down, up, down, up, down. Its now 3rd mth of my live trading and after every single day i check setups for that day and i see many of trades which i should to take but...
The problem is that you actually do not have a well defined strategy and you doubt for that reason. You need to define a clearly objective set of rules. A model that anyone trading it would execute it in the same manner without any relevant difference.

A well defined trading model has only one unique interpretation. Therefore, there is no room for doubt once it has been tested.
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