Thanks for a second reply!!
1. Staying true after how many trades?
2. There are no guarantees in trading and I know this, but I feel as I’m missing something here. There are always some strategies that I run that are profitable, but the majority of the ones I run are unprofitable and it far out ways the wins. I’m struggling running those strategies in their profitable stage.
I’ve taken a more specific approach rather than random.
I’ll typically Generate strategies in sample.
Then I Normalize 30% out of sample.
Then I monte Carlo 90% at 20 runs.
Acceptance criteria whole strategy:
300 minimum count of trades.
1.2 minimum profit factor.
Acceptance criteria in sample
1.2 profit factor minimum
Acceptance criteria out of sample
1.2 profit factor minimum
I’ll usually then put the top 50 strategies in an account and wait for a week to see what happens and then start throwing them on the demos.
To be clear this has never worked.
I’ve tried KOT4X and I’ve tried FTMO demo accounts.
FTMO performs better due to very low spreads and low commissions.
However, they all seem to slowly drain the account balance.
I’ve mainly tried USTECH (also known as NASDAQ or NAS100) & BTCUSD.