What strategy actually works? - page 16

[Lars Laeremans]

There is no single strategy that “really works” in all markets.

What works is usually a combination of:

- a simple edge

- strict risk management

- realistic execution assumptions

- enough trades to validate it

- and knowing when the strategy should not trade.

Most strategies fail because they are over-optimized for the past, not because the basic idea is always bad.