50 trades a month with 1 and 10 minute data is too little. IMO you should have 20,000 to 50,000. But this is not a strict criterion.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an alternative browser.
You should upgrade or use an alternative browser.
Would You Trade This System?
- Thread starter jayjay121
- Start date
50 trades a month with 1 and 10 minute data is too little. IMO you should have 20,000 to 50,000. But this is not a strict criterion.
Quote from tenthousandmen:
What do you mean by highly unusual? Is it the combination of a low sharpe with his profit targets and other measures that are implying curve fitting? If so, great input.
Most probably. Equity is a straight line and Sharpe should be higher.
Quote from tenthousandmen:
But if you mean 'high unusual' as in the system is very good, or 'too good to be true', I strongly, strongly differ. Sometimes I wonder if half of all of the active ET'ers (the ones who are not egotistical maniacs) are using their 4+ sharpe ratio, 6+ profit factor, universal system day in and day out.
You are not being constructive making such statements.
Quote from tenthousandmen:
I understand you're not so much into system trading and more marathon long term trading... much appreciated for clearing this up. Cheers
You are not well informed. I use all time frames but I am mostly a swing trader. I also use trend following systems.
Is this about me or about the system in the OP?
Quote from intradaybill:
Most probably. Equity is a straight line and Sharpe should be higher.
You are not being constructive making such statements.
You are not well informed. I use all time frames but I am mostly a swing trader. I also use trend following systems.
Is this about me or about the system in the OP?
Sorry for not being constructive, I was just lamenting about my thoughts on good systems and ET traders.
I probably would of known the answer to my question if I read your other post more clearly, I just wasn't certain at first if you thought it was curve fit or 'too good to be true, then it is'.
Also in recent threads, I saw some posts about your stance against curve fitting (nothing against that!), and sounded like you don't go for intraday too much, hence my conclusion (assumption)... cheers,
Quote from intradaybill:
50 trades a month with 1 and 10 minute data is too little. IMO you should have 20,000 to 50,000. But this is not a strict criterion.
I would disagree with this statement. Using 1 or 10 minute data does not dictate how often you should trade. I believe you can monitor 1 or 10 minute data, but make trades sparingly according to certain models. In fact I think non-prop traders will likely make more money this way than to scalp as you suggest.
in case you missed it, system 1's last few months trading..........
As you can see system is not ideal, and has many losing days, months.
Right i feel ive posted enough stats now on system 1, perhaps just the WFO results.
Please give your views if you can?
Have i 110% curve fitted beyond any doubt?
regards,
As you can see system is not ideal, and has many losing days, months.
Right i feel ive posted enough stats now on system 1, perhaps just the WFO results.
Please give your views if you can?
Have i 110% curve fitted beyond any doubt?
regards,
Attachments
hi, i did a WFO test and set it for 20% for the start and 30% at the end...........hope this is right, if not please tell me the inputs, thanks.
Not experienced with these tests so don't understand the stats if someone could clarify the wfo rsults that would great, cheers.
Not experienced with these tests so don't understand the stats if someone could clarify the wfo rsults that would great, cheers.