Spread ? and yes, test it with fixed lots.

Critique my backtesting results of this EA

Trend trading and momentum trading are very different things, quite opposite actually. Why do you attribute the worst rr to momentum traders ?

The Big secret to trading success

IMO stock traders are the trend traders par excellence, they usually trade mid and long term... as Forex traders we usually seek for high volatility so we are more momentum traders.

The Big secret to trading success

Exactly Copernicus. It's the search for perfection that makes things complicated.

The Big secret to trading success

Cool, now you need a degree in physics in order to succeed.

The Big secret to trading success

You made it look like it's a regular practice, which is not according to the evidence you posted.

The Big secret to trading success

Interesting stuff, but where those crazy guys are ? fired and in prison.

The Big secret to trading success

Thanks for sharing man, you don't know how much I enjoyed your post. I'm also living such a "diligent" life it's unbelievable.

The Big secret to trading success

That's the only way one can reach success in this business. Once you made all the possible mistakes, if you still have money you may start making money.

The Traders Prison Cycle

You mean in forward testing ? I have to clarify that, IMO backtesting is useful only if you look at fully formed bars. I've never used tick data for backtesting.

The Big secret to trading success

Thanks for the "son", makes me feel younger. Whatever.

The Big secret to trading success

No one will share his/her holy grail. But as you can see here systematic works. You just can't be profitable after 100-200 RANDOM entries, unless you're using martin gale or trading without stop loss, spread is killer !

The Big secret to trading success

Just backtest with a spread wider than normal. By "lag and latency" you obviously are with a crappy broker. As for liquidity and slippage, it can be positive or negative so it wont affect the results very much. I honestly get almost the same ...

The Big secret to trading success

Which one performs better ?

The Big secret to trading success

Simply because they're managing hundreds of millions. if you see that way, 3% of 100 millions = 3 millions / month, some even manage billions. They risk less and they avoid liquidity issues But I don't want to start a Fundamental Analysis vs ...

The Big secret to trading success

Master, I'm talking about gathering statistical data to see which parameters are the most likely to give me an edge. Backtesting can be done manually or automatically.

The Big secret to trading success

Don't be bothered about the future income. Those large hedge funds are aiming at silly 3%/month because they manage millions but that doesn't mean they can't do better than that.

The Big secret to trading success

Am I the only one who have never been scammed ? I have been trading >2 lots, never had any problem with well known and/or highly regulated brokers, only my first broker was clearly playing against me, but I was going to lose anyway.

I plan to quit forex!

As hanover says, banks are constantly printing money so it cannot be a zero sum. But who cares anyway

Zero Sum-Total FX Myth

A forward test shows what happened in the past just as a backtest does. Assuming that you're backtesting using real data, the difference is that those posting forward test results are willing to prove past performance to others.

The Big secret to trading success