The backtesting and Monte-Carlo simulation data are only as accurate as my backtesting, and with hindsight and perfect execution, it may not be a sure accurate depiction of my strategy especially the Wingate, expectancy and other values.
So i just completed the full backtest of my system over 300 trades spanning across 11 pairs. I also ran a Monte-Carlo simulation on the strategy. Here are my values: (Thread)
I was dropping my trades here previously but I stopped. From now on, let's be consistent. Expect trading, philosophy, psychology, math, graphic design and all my other interests...
Your trading plan isn’t going to stop you from taking losses
Funny enough, I don’t think consistency comes from winning more trades
It actually comes from making the same decisions over and over
A structured system won’t eliminate losses, but it’ll stop you from trading based on feelings. You won’t feel anymore confusion
Over time, that’s what separates consistent traders from everyone else.
Gm, and have a profitable Tuesday 🥂💜