Trader with Edge :)

I was waiting for this sh#t happen, but not upwards at that line
Rrrrrrrrrr
 

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TVIS said:
Interesting question: Why a strategy stops working?
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Valid strategies don't permanently stop working if they're based on price action as a manifestation of market behaviour. If market behaviour changes of course, such a strategy will either increase or decrease in effectiveness but it can't become invalid: plus the specific market changes will be visible in price charts.

Strategies which are not soundly based might well work for a time and fail for a time. Which can make them legitimate choices for some traders - use them when they work, switch to something else when they don't. And either way, blame the market.
 
tomorton said:
Valid strategies don't permanently stop working if they're based on price action as a manifestation of market behaviour. If market behaviour changes of course, such a strategy will either increase or decrease in effectiveness but it can't become invalid: plus the specific market changes will be visible in price charts.

Strategies which are not soundly based might well work for a time and fail for a time. Which can make them legitimate choices for some traders - use them when they work, switch to something else when they don't. And either way, blame the market.
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How will you define market behavior based on PA (means candlestick patterns!?)
Another question: where is it written that certain behavior leads to certain up or down movement?
You can see double bottom fails more than it works as a support or vv.
About statistical edge: how will you know that your edge is fading?
 
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