One Of The Potential Pitfalls Of Looking At Prorealtime Reports As A New Developer And How To Avoid It

Prorealtime Automated Trading Strategies And Training

One Of The Potential Pitfalls Of Looking At Prorealtime Reports As A New Developer And How To Avoid It

Reading Prorealtime Reports

This video was inspired by a couple of members who were very excited and shared their systems having sworn me to secrecy and not realised that they had fallen into this trap

If it looks too good to be true then it usually is

A common error for new Prorealtime algo developers is to have a stop that is either so wide that it does not trigger or a stop loss that simply does not work

This leads to exceptionally high percentage win rates at a first glance at the report but can be seen in the graph as large draw downs create a saw tooth pattern

As I note in the video some of the systems being listed for sale on Twitter show this pattern with trades remaining open until the break even closes the trade for a profit

 

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