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Random es 1 pt scalp or stop test
- Thread starter profitseer
- Start date
aphie,
At first the entries were random (since i didn't know which direction the day would take), then I tried a bias based on if we were up or down in the premarket, assuming a little followthrough on the open. In all cases, I ended up with losses after commisssions. Adjusting the stop level lead to various degrees of profitablility at different time periods, however there was no way to determine the optimum stop placement ahead of time.
Trend Fader,
I did try both long and short trades, with extremely similar results. As to using a one point stop or exit on close (the reverse of the original rules) might have worked, but the system overall in original form only had small losses over large time frames, so the results would be barely worth it. Not to mention the psychological difficulties I'd have with a <10% accuracy rate.
At first the entries were random (since i didn't know which direction the day would take), then I tried a bias based on if we were up or down in the premarket, assuming a little followthrough on the open. In all cases, I ended up with losses after commisssions. Adjusting the stop level lead to various degrees of profitablility at different time periods, however there was no way to determine the optimum stop placement ahead of time.
Trend Fader,
I did try both long and short trades, with extremely similar results. As to using a one point stop or exit on close (the reverse of the original rules) might have worked, but the system overall in original form only had small losses over large time frames, so the results would be barely worth it. Not to mention the psychological difficulties I'd have with a <10% accuracy rate.