I still would like to challenge other successful traders to answer those questions.
Kiwi-trader:
can you elaborate on point c). If a good and developed strategy cannot be left alone to trade with just a mere human supervision, what kind of human involvement is required? My point is that you...
We got little bit sidetracked, so let me rephrase my last question. Thank you all for participation. I am learning a lot.
Let's focus from now on, on a definition of a good strategy. What is the definition? Please try to asnwer the following questions:
A good strategy :
a) has to be...
Thank you tradedragon, that was a very good answer. And I agree with all you have said.
Just one clarification: those 100 holy grails you found where strategies that worked literally "all the time" for "all the stocks" in the specified stock group (substitute stocks for commodities if you...
Hi Damian,
you are right I should be more specific. It does make sense that low volume stocks have different characteristics (e.g. volatility) than high volume stocks. All stocks I backtested against, were very high volume, that is DOW30 companies I began with. I never had a strategy that...
Great. I am finding some knowledge in your answers.
Whitster and OddTrader: I started this tread with knowledge :) that Holy Grail does not exist. But since all my strategies were failing in some minority of stocks, I always tried to optimize. Then I though maybe I am chasing the non-existant...
There is my hero: traderdragon. So there is a holy grail strategy! Anyway, I thought one should focus on several strategies and master them. I can spend hours/days/weeks on tuning and optimazing couple strategies before I call it inefficient. How would I know that a strategy is inefficient if I...
"be universal across all stocks" that is exactly my problem. Is it really reasonable to expect a strategy to be profitable across all stocks? Across all time periods?
I would like to ask our experience traders to answer my question below. Unless you are a trader that consistently makes money do not answer please. I am looking for a knowledge and not an opinion. The former are scarce, the latter are all over the place.
I have been in a lot of stages of...