I believe we have to become masters at dividing our time between doing(the trader) and analyzing(the, umm, analyst!). Not only doing, but doing one, or a tightly controlled group of things, over and over and over. Only then do we need to stop, mine for patterns in our data, make ONE adjustment and then be on our way again.
This page was created at the same time as this post which shows my equity curve as it stands...having randomly traded through all hours of the day over an extended period of time.
The equity curve depicted above shows a subset of those same trades found in the aforementioned post- a hypothetical equity curve of the trades between 12:00 and 20:30 CET. 2.69 times the actual profit made with only 56% of the trades.What's more, it's evenly distributed over the sample size (i.e no outlier trade/day etc). This is an example of the type of discovery that one can make when keeping, and crunching, data.
Edge isn't found. It's made.
