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Could you share with me the worst trading strategy you know?

  • #21
  • Sep 4, 2013 3:15pm Sep 4, 2013 3:15pm
Quoting erik1
Reversing a losing system doesn't give you an edge. Most people don't lose money because they have a "negative edge" a more than random chance of losing money above the spread, but because they are following a negatively biased random walk (negative because of the spread). A trader who loses money wouldn't make money by reversing his trades, because in the long run he is simply losing because of the spread. I found this blog article which might help you understand: http://mechanicalforex.com/2011/03/d...table-one.html....


so what you are saying here is markets are random and doesnt matter which way you enter....its impossible to win against.
  • #22
  • Sep 4, 2013 3:18pm Sep 4, 2013 3:18pm
Quoting uberteh
Because you just reversing your random bets with other random bets, thats not an edge. U should try Cindy system and help others with it ,rly simple. Pick a coin..throw it to determine if u should go short or long, set 20pips SL/TP..now if u losing just reverse the coin side meaning of going long or short

He never said its random bet....he said going against the worst strategy makes you money...Can you prove that statement wrong ?
  • #23
  • Sep 4, 2013 3:27pm Sep 4, 2013 3:27pm
Yes, open two demo accounts and one go long other short, u lose on both if u use random,no edge system, coin toss for example.No the guy didint say no matter what impossible to win, read the damn link.
  • #24
  • Sep 4, 2013 3:44pm Sep 4, 2013 3:44pm
Quoting uberteh
Yes, open two demo accounts and one go long other short, u lose on both if u use random,no edge system, coin toss for example.No the guy didint say no matter what impossible to win, read the damn link.

let me ask you same question in different way... By reversing winning system will produce winning system or loosing system. ?
  • #25
  • Sep 4, 2013 3:58pm Sep 4, 2013 3:58pm
There are phases were the market appears to behave in a non random manner,not because the market structure is non random but merely because random behavior paths at times will pass through a structured phase for no other reason of there natural random tendency.occasionally they not only appear non random but collectively work as a whole.the crazy thing is ,this happens by random chance................


sorry forgot the point of the thread.dont trade in a way that believes its structured
  • #26
  • Sep 4, 2013 4:04pm Sep 4, 2013 4:04pm
I wont bother to answer, u either trolling or have no idea what you are talking about. Over and out.
  • #27
  • Sep 4, 2013 4:10pm Sep 4, 2013 4:10pm
Quoting uberteh
I wont bother to answer, u either trolling or have no idea what you are talking about. Over and out.
Thats a good answer,AND LEAVES NO MORE TO BE SAID
  • #28
  • Sep 4, 2013 9:35pm Sep 4, 2013 9:35pm
Quoting erik1
Reversing a losing system doesn't give you an edge. Most people don't lose money because they have a "negative edge" a more than random chance of losing money above the spread, but because they are following a negatively biased random walk (negative because of the spread). A trader who loses money wouldn't make money by reversing his trades, because in the long run he is simply losing because of the spread. I found this blog article which might help you understand: http://mechanicalforex.com/2011/03/d...table-one.html....
Thank you for spending time replying to my thread.

I choose the TRADING DISCUSSION to open this thread just because I have a hypothesis and it need to be checked if it is right or wrong. So I'm not sure that reversing a losing system is profitable or not. So we are here to figure it out.

To examine this hypothesis, we need a losing strategy first, which must be a set and forget strategy with SL and TP. And we will try to reverse it to backtest.

If someone know a strategy like this, just present me, and I will check it out for you. Thank you.
  • #29
  • Sep 4, 2013 9:44pm Sep 4, 2013 9:44pm
Quoting vothienphu93
{quote} I choose the TRADING DISCUSSION to open this thread just because I have a hypothesis and it need to be checked if it is right or wrong.
Hypothesis testing with Chi square?

Here is a strategy with support resistance, 20 pip SL & 40 pip Target. Buy @ support & Sell @ resistance.
Tell me how you will test it.

Thank you.
Discussion is an exchange of knowledge;argument is an exchange of ignorance
  • #30
  • Sep 4, 2013 9:55pm Sep 4, 2013 9:55pm
Quoting vothienphu93
{quote} Thank you for spending time replying to my thread. I choose the TRADING DISCUSSION to open this thread just because I have a hypothesis and it need to be checked if it is right or wrong. So I'm not sure that reversing a losing system is profitable or not. So we are here to figure it out. To examine this hypothesis, we need a losing strategy first, which must be a set and forget strategy with SL and TP. And we will try to reverse it to backtest. If someone know a strategy like this, just present me, and I will check it out for you. Thank...
Are you serious? You can't come up with a losing strategy? Every strategy you come up with is a winning strategy, and you're dying for someone to give you a losing strategy?
  • #31
  • Sep 4, 2013 10:23pm Sep 4, 2013 10:23pm
Quoting PipPirates
{quote} Hypothesis testing with Chi square? Here is a strategy with support resistance, 20 pip SL & 40 pip Target. Buy @ support & Sell @ resistance. Tell me how you will test it. Thank you.
Thank you so much. Could you tell me how you define your Resistance or Support? I need to understand what are your resistances or supports?
  • #32
  • Sep 4, 2013 10:27pm Sep 4, 2013 10:27pm
Quoting TheGrind
{quote} Are you serious? You can't come up with a losing strategy? Every strategy you come up with is a winning strategy, and you're dying for someone to give you a losing strategy?
That's why we need to try. I have my own profitable longterm strategy. 3-4 trades per months only. I'm managing small private fund. So I have lots of free time. I'm here because I love this forum. My profitable strategy which I uses comes from this forum. So I'm trying to pay sth back. Perhaps, my method isn't suitable but I hope I will help people fix their strategy
  • #33
  • Sep 4, 2013 10:57pm Sep 4, 2013 10:57pm
Quoting vothienphu93
{quote} That's why we need to try. I have my own profitable longterm strategy. 3-4 trades per months only. I'm managing small private fund. So I have lots of free time. I'm here because I love this forum. My profitable strategy which I uses comes from this forum. So I'm trying to pay sth back. Perhaps, my method isn't suitable but I hope I will help people fix their strategy
If you have a profitable strategy and manage a small fund, why wouldn't you just tell everyone that strategy to "pay it back"
  • #34
  • Edited 11:41pm Sep 4, 2013 11:28pm | Edited 11:41pm
Quoting TheGrind
{quote} If you have a profitable strategy and manage a small fund, why wouldn't you just tell everyone that strategy to "pay it back"
That strategy is h1 vegas tunnel with some modifications. You can easily find this strategy on this forum.
  • #35
  • Sep 4, 2013 11:52pm Sep 4, 2013 11:52pm
Quoting vothienphu93
{quote} That strategy is h1 vegas tunnel with some modifications. You can easily find this strategy on this forum.
The "Vegas" tunnel has been around for 10 years, and is not profitable (in the market between 2009-now). It's not just me saying that, the thread says it's not profitable and has died. Why don't you "pay it back" and give us the modification that makes it profitable?
  • #36
  • Sep 5, 2013 12:15am Sep 5, 2013 12:15am
Quoting TheGrind
{quote} The "Vegas" tunnel has been around for 10 years, and is not profitable (in the market between 2009-now). It's not just me saying that, the thread says it's not profitable and has died. Why don't you "pay it back" and give us the modification that makes it profitable?
Are you talking about the 1h vegas or 4h vegas?
  • #37
  • Sep 5, 2013 12:39am Sep 5, 2013 12:39am
Quoting erik1
Reversing a losing system doesn't give you an edge. Most people don't lose money because they have a "negative edge" a more than random chance of losing money above the spread, but because they are following a negatively biased random walk (negative because of the spread). A trader who loses money wouldn't make money by reversing his trades, because in the long run he is simply losing because of the spread. I found this blog article which might help you understand: http://mechanicalforex.com/2011/03/d...table-one.html....
Nice post and link. Daniel Fernandez is a very smart guy; some of his articles on automated trading are among the best I've read.

It's also refreshing to see somebody who can spell "lose" and "losing" correctly.
_______________

Re the thread topic: the vast majority of strategies will lose if traded for long enough, for the reasons given by erik1 and uberteh.
  • #38
  • Sep 5, 2013 12:42am Sep 5, 2013 12:42am
Quoting vothienphu93
{quote} Are you talking about the 1h vegas or 4h vegas?
The "Vegas" strategy is gone, done, dead. Both timeframes got killed in today's market Find the thread and they will back it up.

If you have a modification on that strategy please share it, by your posts you do this strategy in your fund, and want to pay it back so "pay it back".
  • #39
  • Sep 5, 2013 12:58am Sep 5, 2013 12:58am
Quoting TheGrind
{quote} The "Vegas" strategy is gone, done, dead. Both timeframes got killed in today's market Find the thread and they will back it up. If you have a modification on that strategy please share it, by your posts you do this strategy in your fund, and want to pay it back so "pay it back".
So I think I should start a new thread with my own strategy on this forum

In general, I use the 1 hour vegas strategy to find the trend. And then I use the price action, taught by James16 to enter the trades.
  • #40
  • Sep 5, 2013 1:11am Sep 5, 2013 1:11am
Quoting vothienphu93
{quote} So I think I should start a new thread with my own strategy on this forum In general, I use the 1 hour vegas strategy to find the trend. And then I use the price action, taught by James16 to enter the trades.

I"m still not sure what you're getting at. This was your first post:

I believe that a worst strategy could be turned into profitable one by a very simple trịck.
I will prove it with you.
Please: Do not share the martingale strategy or hedging strategy. I need a strategy with Stop Loss and Take Profit. Thank you so much.

Maybe start 2 or 3 new threads? Because your latest posts have nothing to do with your original post.
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