Reply to thread

Actually I've never worked with Monte Carlo simulations although I am aware of what it is. I think a relatively small set of results (i.e. only 30-40 trades) will no doubt experience plenty of randomness and easily swung by a single trade here and there anyway.

Very insightful. Totally logical yet not something I've read before.

I think the trading approach here has plenty of merits especially for a part time trader who's looking to put their capital to work, limit their downside while being exposed to the upside. If I can get my Mum (who's been in the market for 20 years yet doesn't even know whether she's ahead or behind) to trade like this it'd be a huge achievement already. It's perfectly OK (and probably preferrable) to make few trades and make no profit for months when the market isn't treating you well, but with an opportunity to make decent returns when conditions become favourable. I raised the question about performance as the conditions do appear quite favourable at the moment, but I also acknowledge that the results so far may simply be skewed by a bit of randomness.

On the other hand, if you are relying on trading as the primary source of income then you'd want something a little bit robust with more regular and higher levels of activity. Being a full time trader, I often find myself judging approaches with different prupose a bit unfairly at times.