Thread: A Loser System Wanted

I am looking for a system that looses over 90% of the time. You might think I'm out of my mind. I might be but my intention is to create counter-direction trades based on that system and build a winner.

Such system should loose 90% of the time when you trade a fixed lot size (no MM envolved). It also has to be a very objective system. I mean it should use solid rules to trade.

If I manage to turn everything around, I'll write and EA based on the system and then post it tothaitradeforexso everybody can enjoy it.


Happy Trading,
อัล

Originally Posted by ;

Sorry Dial, English is my second language, you know.

Yes, I know, and that's part of the reason why I was picking on you in fun. I only have English and to me it is magic that anyone can have more than one language! So, I'm envious of smart people like you who have another language! I've tried learning Spanish and Mandarin, and the only thing I accomplished was giving native speakers a good laugh at my feeble attempts.
: Take care Al. You're all right in my book! Dial EDIT: Corrected spelling of alright to all right

1 ไฟล์แนบดูว่าคุณชอบส่วนของเส้นโค้ง
https://www.thaitradeforex.com/attac...0173671769.zip

I have been a very efficient loser in the past, and contemplated the concept of reversing my perspective. I found it very usefull. What I did to lose effectively was use some false criteria to try to predict the direction of the market. The criteria was generally wrong. So I reversed the criteria. Part of my efficient losing method was that I exited winning trades early, and held on to losing trades in the hope that they would reverse. So I had almost 100% big losses. The answer, or at least AN answer to your quest: Take a nice pair like GBP/USD, which ranges all the time. Determine the average length of a trend, say 175 pips. Then after it has gone 175 pips in one direction, enter a trade in the opposite direction with a stop far enough away that only a small percentage of times will the trend carry to the stop. Stay in the trade until it travels the normal distance from its reversal point (not your entry point). Rationale: I believe that there is a normal distance of travel in one cycle. If one enters only after a long or even very long move in one direction of travel, and then waits to exit until one has captured a large but modest profit, say 125 pips, then the win rate should be very good. The stop should be about 50 to 100 pips, and the T/P about 125 to 175 pips. One can apply other filters to reduce losses, by 1) delaying entries until the travel is longer and, 2) employing criteria to trigger early exits if the trend is waning. One can also apply tests to delay exits if the trend is strong or a target far away. The results will be greatly enhanced if you monitor the movements on two time frames. If you detect a general trend in one direction, then trade in that direction only. When that general trend has travelled a very long way and come to a major barrier, then reverse the directional filter. One can also measure the time duration of a range bound period to calculate the size and time duration of the ensuing trend, based on previous behavior. Then trade in the opposite direction of the previous trend, assuming the previous trend is spent, starting from the far side of the consolidation range, to maximize reward and minimize loss. If there is a consolidation pattern, enter at the perimeter only, and place the stop only 25 pips outside the range. There trades will have large rewards and very small relative risks. Once the basic algorithm is in place, one can test different variables to optimise performance.

Originally Posted by ;

Hello, As a beginner in FX from what I have gathered on these threads money/risk management is more important than a 'winning' system. Wise decisions on how much to risk when trading will hopefully ensure your account/acpital is protected from unprofitable trades but allows you to maximise the winning trades. I still have mush to learn about this (money management) so if there are any good sites, threads or tips, please share them with me.. it would be much appreciated !! Thanks
สุขสันต์วันคริสต์มาส

หากต้องการเรียนรู้เพิ่มเติมเกี่ยวกับการจัดการการเงินฉันขอแนะนำเว็บไซต์ต่อไปนี้:
http://www.adaptrade.com/Articles/index.htm Good Luck, Al

Originally Posted by ;

90% lose rate does not mean a system is not profitable. Most trendfollowers deal with very high losing percentages but a low percent of capital loss, while thier winners are many multiples of thier risk. likewise, high win percentage systems tend to create a sense of euphoric arrogance that make people susceptable to over leveraging it until a blackswan event takes them out. What do MA users do in choppy markets, if they are any good, they get stopped out a lot and endure the draw down until they move into a trendy period. They also trade multiple markets so that portfolio drawdown is not as severe as any one instrument's. Your time would be more profitably spent, taking a system that has a winning percentage that is acceptable to your plogy and playing with it's money management/risk management, in my humble opinion.

I couldn't agree more. Thanks for sharing your good comment with us.

Originally Posted by ;

Yes, I know, and that's part of the reason why I was picking on you in fun. I only have English and to me it is magic that anyone can have more than one language! So, I'm envious of smart people like you who have another language! I've tried learning Spanish and Mandarin, and the only thing I accomplished was giving native speakers a good laugh at my feeble attempts.
: Take care Al. You're all right in my book! Dial EDIT: Corrected spelling of alright to all right

Hi Dial, I don't think he can change the title. to reflect the correct spelling. To all a note: My wife up until last year was an English teacher and I habitually misspelled loser. So I definitely heard about it. With Dial and my wife and a small freeware program called tiny spell (google it) I am now proud to admit I am a recovering poor speller... My t20 cents, Scott

Originally Posted by ;

I'd rather have a tighter system myself.
But if you really want to lose something, lose the extra o in looser. Just funnin' a little with you Al, 'cause I like you.
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ขออภัยสาย, ภาษาอังกฤษเป็นภาษาที่สองของฉัน, คุณรู้

Originally Posted by ;

I am looking for a system that looses over 90% of the time. You might think I'm out of my mind. I might be but my intention is to create counter-direction trades based on that system and build a winner. Such system should loose 90% of the time when you trade a fixed lot size (no MM envolved). It also has to be a very objective system. I mean it should use solid rules to trade. If I manage to turn everything around, I'll write and EA based on the system and then post it tothaitradeforexso everybody can enjoy it. Happy Trading, Al

สวัสดีฉันคิดว่าคุณไม่ได้พิจารณาปัจจัยหนึ่ง: บ่อยครั้งที่มันไม่ใช่ระบบที่โยก แต่หัวของเรา ฉันคิดว่าคุณสามารถย้อนกลับได้ แต่คุณจะยังคงสูญเสียหากระบบกลับด้านเดียวกัน เมื่อเราคลายเราตกใจและปิดการค้าขายขาดทุนหรือแย่ที่สุดเราไม่ต้องการที่จะปล่อยให้มันหายไปเมื่อเราชนะเราก็ต้องตกใจอีกครั้งและปิดการค้าเร็วเกินไปนี่เป็นปัญหาจริงที่ฉันคิดว่าถ้าคุณคิดว่า การย้อนกลับของระบบสูญเสียจะกลายเป็นผู้ชนะ

2 beginners trading at the same moment, same pair, one long and one short, will both end up loosing the trade.