Most successful trading sysytem

What is the success rate of your trading signals?

  • <40%

    Votes: 4 50.0%

  • 40-50%

    Votes: 1 12.5%

  • 50-70%

    Votes: 0 0.0%

  • 70-90%

    Votes: 2 25.0%

  • >90%

    Votes: 1 12.5%
  • Total voters
    8
A

abhi.rai

New Member
#1
#1
Experienced traders please share with us how successful is your Trading system?
like how genuine are the signals generated. are they 50% right, 65% or >80%.
I am not asking what is your system. just how genuine are the signals.

I am curious cos the system i have developed, gives ~45-50% genuine signals (winning trades outweigh losing trades so account remains profitable). i am just wondering is this good enough success rate, or are there more effective systems; so i'll know whether there's room for further improvement.
 
DanPickUp

DanPickUp

Well-Known Member
#2
#2
abhi.rai said:
Experienced traders please share with us how successful is your Trading system?
like how genuine are the signals generated. are they 50% right, 65% or >80%.
I am not asking what is your system. just how genuine are the signals.

I am curious cos the system i have developed, gives ~45-50% genuine signals (winning trades outweigh losing trades so account remains profitable). i am just wondering is this good enough success rate, or are there more effective systems; so i'll know whether there's room for further improvement.
Click to expand...
You are sure YOU developed it or is it may more like a past copy system and you do not really know what you should think about it? :lol::lol:

Any way: 50% is a fair result for a technical indicator system, specially when your winning trades are bigger compare to your loosing trades. But the problem with such systems are that they purely work mechanically and not have a brain. If you want to increase your profit, combine your brain with what the system shows, analyze quick if it really makes sense to take the signal and then make the decision.

Good luck / DanPickUp
 
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N

nids1975

Member
#4
#4
nac said:
It seems your system is good enough and definitely there will be much more effective systems.

PS: A system can't be justified as "success" based on win ratio alone.
Click to expand...
Golden line , Lets compare which one is more successful .

We must never forget risk reward ratio and brokerage, taxes(stt) and Slippage too.

So i will deduct 10 % profit for brokerage , taxes and slippage from every system
Code: 
system           success ratio        Risk / reward                            Final  Result 

A                 75 %                     2:1             (75*1) - (25 *2) = 25 less 10  = 15% profit

B                 60 %                     1:1             (60*1) - (40 *1) = 20 less 10  = 10% profit

C                 50 %                     1:2            (50 *2) - (50*1) = 50 less 10 %  = 40 % profit

D                 40%                      1:3            (40 *3) - (60*1) = 60 less 10 %  = 50 %  profit
Although above table is fictitious , most of time risk reward ratio depends on market movement in almost every good trading system. Idea to show above table is just one i.e choose trading system which makes you exit early when you are wrong as well as it allows you to most part of rally when your trade is in profit.
 
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