I thought I'd take the opportunity to discuss the peculiarities of my trading with my EA and see if I can gather the collective wisdom of any other traders out there.
Here are a couple of things I'm noticing from the results from my EA.
Sell orders are far more profitable than buy orders. I'm familiar with this as a theory for breakouts. Human psychology seems to be better suited to believing that a break to the downside will go further than a break to the upside. I think our relationship with gravity has something to do with it.
However, I'm also seeing that Wednesday is an appalling day for breakouts. Without Wednesday trading Cast Iron Man would possibly be twice as profitable. This is the one that gets me. Does anyone have any suggestions as to why Wednesday trading seems to provide weaker breakouts than the other days of the week?
11:15, restate my assumptions: 1. Mathematics is the language of nature. 2. Everything around us can be represented and understood through numbers. 3. If you graph these numbers, patterns emerge. Therefore: There are patterns everywhere in nature.