What seems obvious to me but apparently not to some others is that you encounter different market conditions faster with faster sampling rates. Every trend day is either a bull market or a bear market for intraday data. What requires years to encounter on a daily basis can be encountered in months on a sub-hour basis. Should be obvious but apparently not for some.You definitely need at least few years of data, for different market conditions. Would you seriously consider something with 2000 trades on 5min over 6 months? For me, that's insignificant. Having 500 trades on 5min over 3 years is much more meaningful.
However, a high win rate (80%+) simply means the drawdowns are on their way.
What seems obvious to me but apparently not to some others is that you encounter different market conditions faster with faster sampling rates. Every trend day is either a bull market or a bear market for intraday data. What requires years to encounter on a daily basis can be encountered in months on a sub-hour basis. Should be obvious but apparently not for some.
If it worked, he wouldn't be selling it unless critically under funded, not like selling it would make it just not work so he could still use after, but odds are it does not work or if it does it's got a subjective part to it which can't be just told to someone else.
http://www.elitetrader.com/et/index.php?threads/real-reasons-behind-market-patterns.286294/page-8
Any person can start with an open mind and in nine/ten months be making 1 million a day by beginning with one contract and a mind whose inference encompasses the 56 elements of the market system of operation.
A) jacks a nut job.LOL
Dynamics measured with daily data. Every bull market has downtrend days. Every bear market has uptrend days. What's happening with 5-minute data doesn't resemble what's happening with eod data.Not in my experience. There is more than just 2 trend conditions and a ranging market. You need at least one period such as 2008-2009 in the sample as the dynamics were completely different in say 2012-13.
shmuck, my posted trades here are 90%+, they're free, and these morons don't get it.
the chance of you selling a LEGIT system are zero, no less the fraud you're attempting.
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