Concept of Pre-reading RCI (Part 2)
PreludeRCIfeatures
① No environment recognition needed
② No multi-timeframe chart needed
③ All judgments are completed on a single chart, allowing observation of many pairs
④ Systematic trading achieves win rate70-80%
In yesterday's article I explained ① ② and ③, so today I will explain ④↓。
④ Win rate with systematic trading70-80% achieved
First, I will explain what systematic (trading) means.
This is a trading approach positioned between discretionary trading and system trading; it is closer to system trading rather than being in between them.
In other words, it feels like the best of both worlds (laughs).
To understand the meaning of systematic trading, you need to know the merits and demerits of discretionary trading and system trading.
・Merits of discretionary trading: Once mastered, you can achieve very good performance
・Demerits of discretionary trading: Large individual variance in results. More people fail to master it than succeed.
・Merits of system trading: If you follow the rules, there is no individual variance. As a result, trading itself is less stressful.
・Demerits of system trading: Performance can vary greatly with market conditions. Long losing streaks or drawdowns can be substantial.
Systematic trading combines the best of both sides.
Therefore, although trader-specific differences are not zero, they are much smaller than discretionary trading, and performance does not exhibit as severe a downside as system trading; with skill, there is substantial upside potential.
Also,Maxadvocates that systematic trading is not the same as the common “semi-discretionary” trading.
The big difference is that the entry candlestick is uniquely determined.
In typical semi-discretionary trading, the entry point itself can vary by person, butMax’s systematic trading eliminates variance in the entry point.
The only variance is whether you execute the entry on that candle or pass, so problems like not understanding why you enter at that point, common in (semi) discretionary trading, do not occur.
Have you understood the benefits of systematic trading?
Because this is a trading approach that anyone can learn, the more experience you gain, the greater the room for improvement in performance.
Today has become lengthy, so I will stop here, and tomorrow I will introduce more details on the performance of ‘Pre-cognitionRCI’.
……
-Finally,11th26日 (Friday) evening release scheduled –
‘Pre-cognitionRCI’RCI6Introduction – SignalsNo.1 & 10
〇Pre-cognitionRCI4Major features
1 No environment recognition needed
2 No multi-timechart necessary
3 All judgments complete on a single chart, enabling observation of many pairs
4 Systematic trading achieves win rate70-80%