bnaimy
Established member
- Messages
- 812
- Likes
- 55
Hi Bashir
Have you used the system in quieter normal times like we used to have, which surely will come back?
Best
Tony
Hi m8, what you mean is basicly sidedeways marked and where price is not moving that much,actualy it works in that those conditions to and i prefer trading in calmer markeds.
I would love it to go back tot he way it was , cause the way this method works it does not matter if it sideways or if its volatile or alot of big moves, only thing is that when volatility increases you only need to asjust your stop and your targets ,thats it, the system remains the same.
This method is not based on any type marked condition, so that will not affect it.
I dont like to trade when the volatility increases to much, just a personal prefereance, as i dont like to put to big stops, even though my targets are also higher.
I have actualy backtestet a year back, with older data, where things where calmer, the outcome is the same everytime, does not matter what marked conditions we are in.
In my honest opinion, this is a pretty universal method that dont take marked conditions into consideration.
I know what you are thinking, there are alot of methods out there that works great for a short periode of time and then they dont work at all because marked conditions have change, in my opinion those methods have big fundametal errors that are just doomed to fail overtime, simple reason is that they take marked conditions as a part of the method, take the marked condition out of the method and you will be left with a method that is not affected by it, and will produce reliable results over time.
I think when making a method its importent to dont put to much importance to marked condition, if your system is reliying on a marked that have big price range,, then that method will fail when marked is in a short price range, and its just a failed experiment at best.
I will leave you guys to discuss this more, its a very interesting topic, i will share more info fundamental reason why this methos works, and i think you guys will find it interesting. But before i do that, i would like to hear what you guys think and what kind of ideas you guys have :?:
I am pretty sure this will work for a long time time, lets see of you guys can figure out why i think that ?
Just one tip "time cycles never change"
With regards
Bashir Naimy