Good morning, S3 traders..
last weekend I did more backtesting. This time I used reversed approach, I look for a reason why I shouldn't take the setup. This way I hope I could be more critical to my own entry decision.
I improved the summary result but I noticed it was because I eliminated most the loss-possibility setup (also some profit-possibility setups as well
). I was glad with the result. But my concern is there were only few setup I traded on the backtest.
The whole September 2012 I only got 4 entries, whole August 2012 I only got 14 entries. I aware that some of the good setups were missed because the SL was too large for my Money Management so I passed.
My question is: Do you normally find profitable setup on daily basis on H1? Hmm... I mean setup that matched S3 rules such as waiting for TDI to be crossed first, trading on LO + NYO only, etc.
(I know Phx62 posted weekly result with most daily entry & profit, but some of the entries were taken faster than S3 original rules, such as TDI not crossed yet. I am still far away from that skill, so I stick to the original rules first)
Thank you...
last weekend I did more backtesting. This time I used reversed approach, I look for a reason why I shouldn't take the setup. This way I hope I could be more critical to my own entry decision.
I improved the summary result but I noticed it was because I eliminated most the loss-possibility setup (also some profit-possibility setups as well
). I was glad with the result. But my concern is there were only few setup I traded on the backtest. The whole September 2012 I only got 4 entries, whole August 2012 I only got 14 entries. I aware that some of the good setups were missed because the SL was too large for my Money Management so I passed.
My question is: Do you normally find profitable setup on daily basis on H1? Hmm... I mean setup that matched S3 rules such as waiting for TDI to be crossed first, trading on LO + NYO only, etc.
(I know Phx62 posted weekly result with most daily entry & profit, but some of the entries were taken faster than S3 original rules, such as TDI not crossed yet. I am still far away from that skill, so I stick to the original rules first)
Thank you...
