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How often does the market change?

socks
Nov 30 2015 at 08:11
5 zpráv(a,y)
Hi all, I am learning forex right now and I am wondering how much does the market change year to year. If I create a bot that gives me 100% return over the last 12 months with very little drawdown is that good enough to implement it? I ask because I am trying to build a strategy right now but I am testing it over many years of data. What I find is some years are amazing, some are horrible, others break even. I can tweak things to get an overall positive result but then I am left with long patches of little to no growth and the great years are only Okay.

So I guess what I am asking is how much effort should I put into building a strategy that beats and market for the past 10 years? Or is it best to find what works now(past 12-6 months) and be ready to develop something new if the market changes?

Example: If you found out that for the past 6 months 85% of long trades placed at 5pm New York time turned profit would you roll with that? Or ignore it, as it didn't work 7+ months ago.

Ben Nathan (BenNathanFX)
Nov 30 2015 at 11:00
137 zpráv(a,y)
The market is always changing - Thats why theres no EA in the world with confirmed great live account performance that spans more than 12 months.

Youd be better off taking the time to learn about what moves the markets outside of the charts. I.e. Fundmaentals - use them to choose pair and direction on any given day and then use a technical method to manage that decision.


HOLY GRAIL: Fundamental Analysis to chose your pairs/direction, Technical Entry/SL/TP for consistent Management of those decisions
kieran (snapdragon1970)
Nov 30 2015 at 21:26
1945 zpráv(a,y)
Read my posts if your interested in Eur/usd .

Regards

"They mistook leverage with genius".
socks
Dec 02 2015 at 08:08
5 zpráv(a,y)
Are there benefits of doing fundamental analysis if you trade on low time frames. Say 1hour or even 5minutes? Can you really tell the direction of a single day from fundamental sources? I understand how watching interest rates, employment numbers, inflation, etc, can give you a good idea of where money is going in the market longish term. However I don't know of any sources that can tell you the direction of one particular day. An hourly chart can trend down for days in a weekly uptrend. Unless you are talking about trading news releases I'm confused how fundamentals affect very low time frames with enough accuracy to trade on. Sure you could trade with 200+ pip stops but then you are basically trading the Daily charts while looking at the hourly.

EbonyJones
Nov 24 2020 at 20:27
232 zpráv(a,y)
There is no specific time to change the market. It is a volatile market. So, it can change anytime.

Joz8
Nov 25 2020 at 09:23
102 zpráv(a,y)
It keeps changing mate.
Forex market is too volatile, so can never predict its movement perfectly.

illscarce874
Dec 09 2020 at 10:32
24 zpráv(a,y)
The market is volatile and has always been like that, so there is no particular day or date when it changes.

deborahbennett
Dec 28 2020 at 04:46
23 zpráv(a,y)
The market is quite volatile and it keeps changing from time to time. There are a number of factors that influence the changes.

Quange
Dec 28 2020 at 07:46
25 zpráv(a,y)
The market changes periodically because external factors really influence it.

Aurisida
Feb 02 at 10:34
46 zpráv(a,y)
Every day there are some events that affect the market in one way or another, and in order to be aware of this and how to work on trading, I am guided by analytical reviews from Amarkets.

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