If the current high/low (within the 20 pips )on which you entered a RAT trade at a time subsequently turns out to be the daily high/low after the trading day close, obviously the RAT edge exists and supported by the RAT stats.
However, if the current high/low (within the 20 pips )on which you entered a RAT trade at a time subsequently is superseded by a new daily high/low, clearly the trade was not entered (within 20 pips) of the true daily high/low on which RAT stats/edge was calculated. Therefore, by definition, there is no RAT edge or not yet proven an edge.
Although a trade may always have a chance not to turn out as a loser in the absence of an edge, this is not a RAT trade to the definition that I understand?
Avery, I am just trying to clarify my own mind. I don't understand why the RAT trade also work for me on the current high/low that don't become the daily/low despite RAT stats was not calculated on the currently high/low at a time. for me. Am I missing something?
TheRumpledOne wrote:tfg wrote:....
If after taking the trades within the current high/low, the price then makes a new high/low. This immediately put your trades out of the RAT edges identified by the stats and the trade will statistically likely (not always if you are lucky) become a loser.
What makes you think this puts the trade out of the RAT edges?
The trade does not have to become a loser.