Comment on Mr Consistent returning incredible returns

Madan commented on 24 Dec 2013, 06:59 PM

Manish,

Thanks.

Backtesting is a skill and when i backtested my idea in esignal, i go through each and every trade manually to see if there are gaps against me and discount those pts from my system. I use the simple swing pivot high/lows and it has suite me just fine.

I don’t have second indicator..but i have certain visual patterns that have been working in the mkts for the last 10 years..Again, you are thinking there is some secret here..Believe it or not, there is none..secret is you, your psychology and your efficiency in managing your money. Ofcourse, all these factors are valid only if you have a +ve edge in the mkt. Any kind of psychology or money mgmt cannot save us from losing when we don’t have a statistically proven edge.

View the full comment thread »