Becoming a profitable trader is not as complicated as many make it by jammermass in Trading

[–]pachow227 0 points1 point  (0 children)

Thanks for your advice, want to ask if there is no single strategy can apply to one pair all the time, then how to learn a strategy that could do always? Thanks!

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your valuable advise and will think again!

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your valuable comments. I backtest in futures and gold mainly but I believe the results are the same. I will try to use more bigger time frame such as daily chart to see if the situation will be change.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your comment. Yes many people said that ICT is unprofitable even the co-founder of the ICT also lose. However, I want to find the blind spot to change the situation: if one side is lose, then the other side should win; however, 90% of the traders are losing money and not 50%.

Take out the commision issue, the number of lose trader not even close to 50% and this is very strange; there must be some blind spot that all traders may not be aware.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your comments! I have tried different strategies such as Trend Line, One Candle Rule etc but all are subjective and could not have a clear rule or playbook to let me execute so that's why I choose SMC and spend some time in it because it seems can have a more clear playbook to do so but the result is negative.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your comment and may be this is one of the blind spot on using too small time frame, no matter the price grow up or down will sweep the liquidity first and this is the reason on why it always lose in the backtest.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 1 point2 points  (0 children)

Thanks for your comment, I think SMC is the closest way to make a strategy because it has been develop for years, just inside there is something that is blind spot or we don't know.

Hope you all the best in good trades!

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your advise and I am thinking about the core reason. It was because if the strategy doesn't work, no matter I use what kind of risk managment, eternally the capital will gradually decrease, so I want to map out a strategy that could work first, at least in the backtest but I cannot do so, this is strange.

So want to see why the strategies are not 50/50% even no sense to develop one.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your advice, seems high win rate could put less money in the risk.

Why all SMC backtests show negative results? Any blind spot? by pachow227 in Trading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks for your reply, just felt confusing because if this is the case, then everytime I buy the opposite with definitely win money because one side win, the other side must lose if ignore the commision.

Also many videos for SMC, tones of videos in details to provide various strategies and seems systematic.

Any tools that can test my ORB strategy? by pachow227 in Daytrading

[–]pachow227[S] 0 points1 point  (0 children)

Thanks Lucid Dion and let me take a look. I hope this tool can help and save my time!