J.M. whatever you say man, another one of your essays...
Any way back to more important matters. Backtesting is of course the key to any system, if you don't have positive results for other years then the system is not a system....
With that being said, each year is going to be different. For example, last year we may of had a bad run in mid to late June, but before that we had a good run. So each year is going to be different in terms of WHEN we have our bad spots and WHEN we have our good spots. Its the actual money managing that is what so few people know how to actually conquer and that my friend is what you need to do. Trust me, I learned the hard way when I first started a few years back, chasing John Morrisons systems and going broke each time. Some times you have to learn the hard way and am actually glad that I did because now I know how to make a profit...
Any way back to more important matters. Backtesting is of course the key to any system, if you don't have positive results for other years then the system is not a system....
With that being said, each year is going to be different. For example, last year we may of had a bad run in mid to late June, but before that we had a good run. So each year is going to be different in terms of WHEN we have our bad spots and WHEN we have our good spots. Its the actual money managing that is what so few people know how to actually conquer and that my friend is what you need to do. Trust me, I learned the hard way when I first started a few years back, chasing John Morrisons systems and going broke each time. Some times you have to learn the hard way and am actually glad that I did because now I know how to make a profit...