it’s the market mate! I’ve stepped back from the market for the past year and a half to focus on career development (as who really knows how long this will go on, could be a decade with poor policy)
Ive done extensive back testing and put together excels, pre Covid this system worked well (I’ve put together excels with various modified rules).
on a daily frame, success rate was around the 7 out of 10 mark with an average of 70% returns, including the losses on ones that didn’t pan out. They aren’t as frequent as other setups though, maybe only occurring 10-15 times a year and taking 1-2months to play out.
The weekly setups are quite strong, having a higher success rate and you can go a bit easy on the rules (only risk with this is on a weekly time frame, if you’re wrong it takes months to be stopped out sometimes). Returns averaged around 300-500% (many ranged 1000%+) and took around 1-2 years to play out.
Dont doubt yourself! Sideways markets are by far the most challenging markets to trade in, its very difficult to call time and sit on the sidelines during this type of market.
