Cycle 4, stage 1, day 27:
It seems like I have experienced the beginner's luck with my new strategy. Despite having spent the whole week to review its executions and refine its implementation based on what went wrong, the number of generated trades did not stop decreasing.
I suspect that in the last week, market conditions did change sufficiently to explain my observation.
For the most part, this strategy did exhibit a 100% profit success rate. This was until this morning where a single trade lost 5%. I did review how it did happen but this has made me work the full day on a fix to avoid seeing this situation repeat itself again.
This situation made me think about a very important market aspect that I was completely ignoring until now. I had some sort of vision or a revelation of a plan into how to integrate this aspect in my system.
I am not sure how long it will take to realize this new vision. I estimate that maybe a day will be enough. So tomorrow, I could maybe have a working prototype to try out. However, I am notoriously bad to make accurate estimates. So worse case scenario, it is going to take me the full week-end... but I am optimist that I am able to complete the task in one day...
It is so clear in my mind... but when it comes to write down... It is always more complex and difficult in reality...
It seems like I have experienced the beginner's luck with my new strategy. Despite having spent the whole week to review its executions and refine its implementation based on what went wrong, the number of generated trades did not stop decreasing.
I suspect that in the last week, market conditions did change sufficiently to explain my observation.
For the most part, this strategy did exhibit a 100% profit success rate. This was until this morning where a single trade lost 5%. I did review how it did happen but this has made me work the full day on a fix to avoid seeing this situation repeat itself again.
This situation made me think about a very important market aspect that I was completely ignoring until now. I had some sort of vision or a revelation of a plan into how to integrate this aspect in my system.
I am not sure how long it will take to realize this new vision. I estimate that maybe a day will be enough. So tomorrow, I could maybe have a working prototype to try out. However, I am notoriously bad to make accurate estimates. So worse case scenario, it is going to take me the full week-end... but I am optimist that I am able to complete the task in one day...
It is so clear in my mind... but when it comes to write down... It is always more complex and difficult in reality...