Gandhar,
I wanted to ask u about Wolfe Waves' performance. I one of the old threads, it is mentioned that success rate is 90% with Reward:Risk of 3:1. What are your results?
Here's the link: http://www.traderji.com/technical-analysis/12686-kiss-like-mcgrath-7.html#post92180
Maybe he is too good a trader, or maybe he is just exaggerating, but even for such an exaggeration, then system results should be great...
I wanted to ask u about Wolfe Waves' performance. I one of the old threads, it is mentioned that success rate is 90% with Reward:Risk of 3:1. What are your results?
Here's the link: http://www.traderji.com/technical-analysis/12686-kiss-like-mcgrath-7.html#post92180
Maybe he is too good a trader, or maybe he is just exaggerating, but even for such an exaggeration, then system results should be great...
quite good but entries and exits and not my piece of cake a1b1 should be the right one to ask i have multiple trading system syndrome with multiple timeframe syndrome
a1b1trader brother : Some of the posts addressed to you got buried. Please post your views when possible.
Sometime it fails miserably, and sometime it hits the target easily.
Like there are many -ww pending currently but market is just moving on the higher side.
BTW
I also follow some other forum and use to post ww in it.
And I posted 24 wolfe charts, both for equities and indices, during 15-22 January 2014, in which all but one met the target.
And the one that didnt meet the target, was an extension of the same chart ( 2 targets in 1 chart)
I may add that
Normally I only look for ww in Nifty Future.
I do not search for WWs in stocks, as it requires a lot of time.
But sometime I have to look for ww in stocks also, when asked by my friends.
So on the whole, I think, the success rate is about 75-80% (within ETA). And more (85-87%) if you do not consider ETA, that is, target is met after ETA ( may be 1 week later or 1 month later, delay immaterial)
I may add that I have not done any study about it and all the results are tentative.