You must mean retail people. I'm talking one trying to get funded by the pros.
Reverse engineering someone else's edge by analyzing open/close trades history?
- Thread starter heispark
- Start date
straight forward question.
Answer is Yes and No.
If you analyse unsuccessful trader trade history, your mind will get contaminated.
If you analyse successful trader trade history, you will learn why
he trade that particular financial instrument, when he enter the trade, when he get out ...
But !
1. Where to get such history ?
2. How do you know that that person is a successful trader ?
1. Where to get such history ?
-> Myfxbook.com
2. How do you know that that person is a successful trader ?
-> By seeing his/her longer term trade performance.
This could be done but depends on a bunch of things.
The style.
The product mix.
The technique.
The speed, holding periods, trade duration.
But you still wouldn't know the traders tools or relevant information and analysis were.
Doubtful that it is worth it. Should just learn to find your own ideas and build your own tools.
Trading is all about confidence in your skills. Confidence in your tools, the reliability of the information you have, and your ability to read the markets you are watching and trading.
The style.
The product mix.
The technique.
The speed, holding periods, trade duration.
But you still wouldn't know the traders tools or relevant information and analysis were.
Doubtful that it is worth it. Should just learn to find your own ideas and build your own tools.
Trading is all about confidence in your skills. Confidence in your tools, the reliability of the information you have, and your ability to read the markets you are watching and trading.
The unfortunate thing is that thousands of unsuccessful traders disguised themselves as successful traders.
all the best mister.
Numbers tell everything. I think this guy is a successful trader......
https://www.myfxbook.com/members/autotrade/turtle-eur/1644166
well. ask yourself why successful trader wants his trade to be exposed?
I have never seen any brokers who would publish their clients' trade history.
if they publish, that is infringement of privacy.
what I can say is that there are tons of fake manipulated info out there.
anyway you make your own judgment and decision.
Ignoring the well known issues with these kinds of track records, 12.5K euros over 3.5 years is hardly a success. It's less than 10 euros a day...
GAT
you can try to reverse engineer the trades, i tried with an EA and i was able to pinpoint the main indicators, but NOT all the strategy.
just put the usual indicators on the chart and change the period/settings so that it matches some kind of logic
but later on i found out that this EA was a scam and was reading history...that explains why i wan't able to pinpoint all the logic.
sometimes though it's not possible to reverse engineer the EA because it uses some kind of custom indis, etc... So it's not always possible
just put the usual indicators on the chart and change the period/settings so that it matches some kind of logic
but later on i found out that this EA was a scam and was reading history...that explains why i wan't able to pinpoint all the logic.
sometimes though it's not possible to reverse engineer the EA because it uses some kind of custom indis, etc... So it's not always possible
S
silversniper
Can a strategy be reverse engineered? I couldn't definitively say either way, difficult to prove a negative...
but can you learn from looking at a successful trader's executions (his entries & exits superimposed on a chart - and I don't mean the cherry-pick guru types), absolutely!
but can you learn from looking at a successful trader's executions (his entries & exits superimposed on a chart - and I don't mean the cherry-pick guru types), absolutely!