True. But in my perhaps primitive view, those very same filters that prevent down weeks are usually just as successful in preventing 1% daily consistent returns. If your filter can prevent the first without impeding the second, then I'm switching brands!Quote from OddTrader:
There is something called Filters in trading systems.
1% a day consistently: possible?
- Thread starter stephencrowley
- Start date
The question is: how long do you have to be consistent before you are consistent?
If i'm consistent for 50 years and stop trading, there will surely be people who say that i didn't proof to be consistent. Because the first week after i stop could be the losing week, so there is no certainty about my consistency; maybe i stopped after 50 years because my system wasn't consistent anymore.
As daytrader i had no losing week since 2000. (probably since somewhere between 1995 and 1998) I find myself a consistent trader.
And you averaged about 1% daily?
Thunderdog,
this is what i posted a few weeks ago.
If i make 1 poiint a week in the ES i reach 250%.
OK, that's impressive. But did you generate that kind of return over the several-year-period during which you say that you did not have any down weeks?
I don't publish any returns anymore, i've been bashed too many times.
But in 2004 i posted 3 days of realtime trading (on another website). I made net approx 48% return. 75% profitable trades, which was less than my long term average.