Independent Traders
Abdul Barrud Darovi
So far, I am still doing backtesting, dozens to hundreds of times, over a long period of historical data.
I don't trust robots or Expert Advisors (EAs), so the backtest I do is Manual.
You can imagine how exhausting this process is.
Am I searching for the holy grail? Yes. But not in the form of a high win rate.
I am satisfied with a 55% win rate. In theory, this should allow for a consistent 5% profit per month.
However, the backtest data still shows that there are some months of losses, even though the year-end book shows a profit.
The holy grail I am looking for is not a high win rate, nor a good risk-reward ratio.
Instead, it is consistent monthly profit, at least 3%, with no losing months.
I would be grateful with just 2% as long it is consistent.
Because once that happens, it’s just a matter of increasing the capital.
But since I haven't found it yet, I am still conducting backtests on various possibilities.
this is the journey of trader. i do enjoying this.
I don't trust robots or Expert Advisors (EAs), so the backtest I do is Manual.
You can imagine how exhausting this process is.
Am I searching for the holy grail? Yes. But not in the form of a high win rate.
I am satisfied with a 55% win rate. In theory, this should allow for a consistent 5% profit per month.
However, the backtest data still shows that there are some months of losses, even though the year-end book shows a profit.
The holy grail I am looking for is not a high win rate, nor a good risk-reward ratio.
Instead, it is consistent monthly profit, at least 3%, with no losing months.
I would be grateful with just 2% as long it is consistent.
Because once that happens, it’s just a matter of increasing the capital.
But since I haven't found it yet, I am still conducting backtests on various possibilities.
this is the journey of trader. i do enjoying this.
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