Results of Backtesting>> Profitable system!! What other tests should I perform?

Chris Mac said:
Bravo ! You are at stage 1. You got a plan and want to apply it. Better than 50% of traders.
Stage 2 : test in real market conditions
Stage 3 : it doesn't work? why?
Stage 4 : adjustments
Stege 5 : it doesn't work ? why ? I got a new plan, back to stage 1 or my plan works, go to stage 2

And after weeks (proba : 1%), or months (proba : 2%), or years (proba : 3%), or never (proba : 94%) :
Stage 6 : my process works.
Stage 7 : yes it works but I don't care
Stage 8 : I lose money
Stage 9 : I am smart : go to stage 6. Or I admit my process works but my mental doesn't work.
Stage 10 : I need to be disciplined but I don't care. Go to stage 6
Stage 11 : I need to be disciplined and I am working on it.

After several weeks (proba 1%), or months (2%), years (3%) or never (proba 94%).
Stage 12: I am disciplined and I make money.

CM
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Lol, and what stage are YOU at ?

@Chris Mac
 
Iwilldoit said:
Lol, and what stage are YOU at ?

@Chris Mac
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Ok "i will do it". Truth hurts, but there is 100% chance you will not do it tomorrow, or in one year and probably never. Your sarcarstic "Lol" when someone tells you the truth shows that road would be long, really long for you. You are still at stage 1.
In my case, I have made money for a long time, I make money, I will make money.
My trading plan and rules are successful, and I am disciplined.
Btw, I would probably not help any more wannabe traders here like you.
People don't want to learn. They just want to complain or dream about unrealistic goals.

CM
 
Chris Mac said:
Ok "i will do it". Truth hurts, but there is 100% chance you will not do it tomorrow, or in one year and probably never. Your sarcarstic "Lol" when someone tells you the truth shows that road would be long, really long for you. You are still at stage 1.
In my case, I have made money for a long time, I make money, I will make money.
My trading plan and rules are successful, and I am disciplined.
Btw, I would probably not help any more wannabe traders here like you.
People don't want to learn. They just want to complain or dream about unrealistic goals.

CM
More...
IS THIS CHARACTER FOR REAL??? N=145, I THOUGHT THAT WAS NO OF TRADES INSTEAD IT IS SAMPLE SIZE, WTF!! TRY 4 YEARS, N=1000 IF DAILY DATA, AND LETS SEE WHAT YOU GOT
 
Chris Mac said:
Ok "i will do it". Truth hurts, but there is 100% chance you will not do it tomorrow, or in one year and probably never. Your sarcarstic "Lol" when someone tells you the truth shows that road would be long, really long for you. You are still at stage 1.
In my case, I have made money for a long time, I make money, I will make money.
My trading plan and rules are successful, and I am disciplined.
Btw, I would probably not help any more wannabe traders here like you.
People don't want to learn. They just want to complain or dream about unrealistic goals.

CM
More...

Whoa easy there buddy!!!!

I was merely asking a question....no need to take it so personal!!!

Wow.

@Chris Mac
 
lizmerrill said:
IS THIS CHARACTER FOR REAL??? N=145, I THOUGHT THAT WAS NO OF TRADES INSTEAD IT IS SAMPLE SIZE, WTF!! TRY 4 YEARS, N=1000 IF DAILY DATA, AND LETS SEE WHAT YOU GOT
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Sorry I meant N is the number of trades. Why the need for ALL CAPS? are you yelling?

and the profanity? this is a professional forum.

Thank You

@lizmerrill
 
Iwilldoit said:
that means 3000 trades?


@Handle123
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Sample size in backtesting, yes. last back test I did on recent automate system I been scalping past 6 years, each signal had over 20,000 sample size and had 12 signals going back ten years of tick data. Let me ask you this, if you plan to go on vacation for a month to different countries or one country, do you spend year looking for where you want to explore? If there is a business you want to start, do you start 1-5 years beforehand to get research? So why does 3,000 sound so much for people? What it is comes down to money too easy to make as people just want to say they want to make it, but they lose it so easily. I know more about my systems than what makes my car run or next vacation or business, but I am researching these others to gain knowledge.
 
Zzoom said:
Most important stat is Profit Factor: (Total Profit)/(Total Losses)
Second is Max Drawdown% : 100 x (Max Drawdown)/(Account Balance At Start Of Drawdown)

Win Ratio is irrelevant, although a good psychological prop if trading "manually".
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Thank you for reminding me about the Profit Factor, I went on excel and calculated the Profit Factor, it is 1.3717...


http://www.the-lazy-trader.com/2012/02/risk-reward-profit-factor-analysis.html

I guess its a decent profit factor....

@Zzoom
 
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