In the course of my trying to develop the Holy Grail of trading, I have written and tested literally hundreds of systems. As you can see, most of them have been failures. However, a handful seem to be profitable, some more some less. Here are some observations that I made during this course. Please comment on them.
1. In general, anti trend or trend fading EAs seem to do better. It maybe easier to come up with marginally profitable anti trend system than a Trend following system which is profitable.
2. The systems that trade infrequently seem to be more profitable than the eager beavers.
3. Only a handful of currencies and contracts can be traded using trend following systems.
4. Longer term systems tend to be generally more profitable with wider stops.
5. Markets change on a dime and sometimes their behavior makes you feel that you want to strangle the market.
6. We all want to be millionaires overnight and a slow and steady system that is profitable but trades infrequently is easily discarded after a couple of losses.
Thanks for reading and your comments.
