Hello
My trading system give me arround 25% of trades with a positive return, meaning 75% failed
Even do, my system is nicely profitable because of my rules to follow my position. This is very nice on paper, but in real life, 75% of failure is to high.
This system is not designed to be a trend follower. So it is normal for me to have a higher rate of failure. so I take orders when they filled my setup rules.
I already use RSI and ADX as filter. But obviously, lots of falling entry got trougth
- What is your favorite filter. Can't use ema or other moving average as again, this sytem is not a trend follower
Any input appreciated
Martin
My trading system give me arround 25% of trades with a positive return, meaning 75% failed
Even do, my system is nicely profitable because of my rules to follow my position. This is very nice on paper, but in real life, 75% of failure is to high.
This system is not designed to be a trend follower. So it is normal for me to have a higher rate of failure. so I take orders when they filled my setup rules.
I already use RSI and ADX as filter. But obviously, lots of falling entry got trougth
- What is your favorite filter. Can't use ema or other moving average as again, this sytem is not a trend follower
Any input appreciated
Martin