yeah this 500 pip weeks were odd balls i even had a few 1000 but thats not average i think i even commented its not average…2008 was weird but 2009 will be worse lol…
2008 was a very “strange” year financially. I’m not saying at all that pipy’s system is not working, but perhaps some of the stellar results of the past months are not so indicative of the “average” or “expected” performance of a system.
Personally I must say this is not “my cup of tea”, probably because I have some big difficulty in fully understanding it. But then, most importantly, because I find it particularly difficult “formalizing” it in an ordered and precise way (made some efforts, and were not accepted much warmly, must say). I love arts, but for trading I prefer math and order.
See you hopefully somewhere else!
Bye
i hope i didnt make you feel your idea were not accepted because i remember them and remember the name because i actually changed some of my system based on your idea… as i wasnt and sitll not the greatest programmer ever lol honestly i copy and pasted most of the code i listed until it worked lol…
Thank you very much for the reply. Don’t worry! I wasn’t “hurted” by the discussion here sometimes ago, and actually it was not you being a bit hard…
Well, the only thing, as explained, is that your system is not “my cup of tea”. Thanks a lot for sharing the results of 2008: I am sorry for them and I appreciate very much your sincerity in telling it. It’s good for anybody interested in developing their trading style.
Actually I went further in developing automatic trading systems based on my modifications of your ideas. On [B]some[/B] pairs and in [B]some[/B] periods they looked also very profitable in backtesting. The problem was that there were about 4 parameters (if I remember well) which had to be deeply optimized for having these results. And when you come to such a point you can be sure that the optimized parameters (optimization being based on past performance) will stop working as soon as you go on the live real market. This means the system is not “robust” technically speaking.
So, if you look around you’ll se I made quite other paths in the meanwhile.
Just keep on being the nice and helpful guy you are! And best luck for your trading!
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Ok this thread was revived from the dead! I just skimmed through all of it and wonder if you are still trading this way? I’m intrigued but don’t want to spend much time on it if you have moved on to something else.