Support Board
Date/Time: Tue, 26 Nov 2024 11:31:58 +0000
Post From: Replay is skipping days?
| [2023-12-06 11:20:56] |
| User61168 - Posts: 403 |
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I most definitely don't agree that there are no "statistical edges" I agree that there are statistical edges but I don't believe in them for reasons we have already discussed i.e. they don't work consistently and have a limited shelf life. Some questions that run wild in my mind when I think about this: 1) If a pattern or mathematical relationship or market structure repeats based on past historical context, please help me understand why there is such a high rate of failure across retail algo traders. Every algo based on a pinbar or a 123 pattern or whatever should make millions based on how appealing they look when we scroll the chart backwards :- 2) What is the root cause of algos to stop working after a while if they are based on such proven statistical edges? 3) repeatable, statistical frequency How long and how often should an edge have a repeatable and statistical frequency for it to be considered a robust edge? I would love to see some specifics based on your real live experience and not based on garbage from youtubers and influencers. I mean what all trading statistical measures and benchmarks proves that an edge will atleast meet the historical results in the future. None imo but I could be dead wrong.At a holistic level, what gives us confidence that a strategy would succeed? Every trade statistic out there is based on some historical context or recurrence and eventually prone to failure. It's the fundamental and structural flaw in the methodology we all use but that's all we have available to us retail crowd in regards to technological advancements. Comparison with Citadel/Rentek and institutional/prop firms do not count as they have millions to spend on compute infrastructure and army of PhDs. Date Time Of Last Edit: 2023-12-06 11:31:17
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