"Predict" Experiment

[MidKnight 12]

So what was the outcome - Prediction or Random winner?

 

With kind regards,

MK

[onemove 10]

So what was the outcome - Prediction or Random winner?

 

 

The official result of the contest is to be found here http://www.traderslaboratory.com/forums/forex-trading-laboratory/9303-traders-laboratory-forex-trading-contest-86.html

 

The pip count was Predict +104 pips and Coin-Flip +73 pips (tally from Coin-flip thread). The difference of pips and % variations in the account is probably due to factors such as position size, account size, exact entry time, exit times and locations, etc. It is a pity that the predict account did not have input from a group of collective of traders. I do not feel that one trader's input is a good representation for the "Predict" side of the equation.

 

I think it is remarkable is that the "Coin-Flip" non-method performed so well! It makes me wonder about the importance of market direction in daytrading,

[MidKnight 12]

Thanks for the reply. I'd like to see the coin flip pull that off for some more trades, but I agree it was pretty incredible/inspiring. We all focus on entry when we study our trading, but maybe instead we should be focusing more on exit and trade management.

 

With kind regards,

MK