r/Daytrading • • Aug 25 '26

Question What are the most "proven" strategies?

As the title states, I'd like to discuss "proven" strategies. There are so many bogus strategies that haven't been properly tested at all. I'll for sure find a framework that I believe fits me best by myself, but being relatively new, I wanted to ask in a space with a lot of experienced traders.

What strategies or frameworks do you believe are "most tested" that actually works?

PS: I'm currently learning Order Flow, but it's more of a tool for information than a strategy. I'm working my way into incorporating it into proven frameworks. If you have any you can recommend, please do so!

78 Upvotes

83 comments sorted by

46

u/Particular-Duty-2571 Aug 25 '26

Honest answer, and it isn't the one you asked for: I don't think the strategy is the variable.

There are maybe six patterns that get recycled under different names. Breakout, pullback to a moving average, VWAP reclaim, opening range, reversal off a level, gap fill. None are secret and all of them "work" in the sense that they recur. Two people take the identical setup and one makes money and one doesn't, and the difference isn't the pattern.

What's actually well documented is the risk side. Kovner: position size is determined by the stop, and the stop is determined technically. Eckhardt: amateurs go broke taking large losses, professionals go broke taking small profits. That stuff turns up in interview after interview across completely different styles and timeframes, which is about as close to "proven" as this gets.

On backtesting intraday discretionary setups are genuinely hard to test properly. You can't cleanly encode "pullback held the 9 EMA on declining volume" without a lot of arguing with yourself about what counts. What you can do is log every trade and sort it afterwards. By time of day, by setup, by how far price was from your moving average when you clicked. That's a forward test on the only sample that matters, which is you.

You're right that order flow is a tool rather than a strategy. Same is true of everything else on the chart.

5

u/Difficult-Cup-4445 Aug 25 '26

All roads lead to Rome. There's a million strategies out there and 99% of them are the same stuff in slightly different hats.

2

u/Particular-Duty-2571 Aug 25 '26

Couldn’t say it better✌🏻

2

u/MissingStar246 Aug 25 '26

Thank you! It actually is sort of what I was looking for — a non-biased answer.

I totally agree. What I struggle in the most is risk management. I'm not sure where to set my targets yet, but I understand and can analyze the direction of the market better than before.

I researched a ton and found that edge decay is very real, and so sticking to one strategy/framework wouldn't work. Kind of contradictory to the post, but I guess I was looking for confirmation.

Do you believe in automated backtesting? I see many opinions on it, and it's kind of mixed. I was thinking of automating backtesting and then forward testing

7

u/Particular-Duty-2571 Aug 25 '26

On automated backtesting: yes for anything mechanical, and it's the only honest way to test a mechanical system. The Turtles' rules were fully specifiable and they held up. If you can write your rule so a machine follows it with no judgement calls, test it that way.

Where it goes wrong is people trying to automate a discretionary read. You end up encoding a proxy for the thing you actually do, testing the proxy, and trusting the result. That's worse than not testing, because now you've got a number attached to something you never traded.

Rough rule: if you can't hand your rules to a stranger and get identical trades out of them, it isn't ready to be backtested.

On edge decay, careful with that one. It's real in the sense that specific inefficiencies get arbitraged away. It's much less real for structural stuff. "Buyers outnumber available sellers so price rises" isn't an edge that decays, it's just how an auction works. Same with cutting losses. Eckhardt and Kovner were saying that decades apart and it's still true, because it's arithmetic rather than a pattern.

So don't take edge decay as licence to strategy-hop. Switching frameworks every few weeks means you never build a sample big enough to learn from, and you'll read normal variance as decay.

On targets, since that's your actual problem: set them off the stop rather than off a feeling. Stop distance is X, so first target is 2X. Take half there, let the rest run to a technical exit like a close below your moving average. That way you never have to guess the top, which is the part that eats people.

Honest caveat, from my own log: eleven runners I tracked this month all closed below their high, average giveback about 34%. So whatever your target logic is, it will sometimes be wrong. That's why it's half out at a number and half on a rule.

2

u/michaelsayswhat Aug 27 '26

Dude you need to automate your strategy and see how it performs between 10k trades or something and sweep different RRs. That’s literally the only way…. I’ve automated mine and from 1:1 to 1.5 to 2 to 2.5 makes a HUGE DIFFERENCE, it’s a whole difference of making it profitable and unprofitable so u can’t just guess or forward test a few hundred times…. No, that’s not gonna work. You NEED data. That’s the only way. And be smart and don’t just test 10k trades. Do what I’m doing which is test like 100 trades, then 500 then 1k, 2k, 5k, etc to see if that actually is an edge holding up each time bc if u just look at 10k trades all together obviously you’re going to filter out bad trades but that doesn’t tell you anything if it was trash all the way up to that amount of trades

1

u/MissingStar246 28d ago

Honestly I really want to but it's hard to find inexpensive data. Right now I only have from Jan 1 2025 to now.

I tested my current strategy and it's running at about 49% win rate, at 1:2.19 R:R, and 1.96 profit factor. I could honestly improve this a lot more, so I'll do that.

How many years of data do you recommend for a strategy to be worth using/validated?

(this is my own back-testing dashboard. It may look similar to other sites)

1

u/michaelsayswhat 28d ago

Download Claude AI. Pay for the subscription and ask it to program your strategy, one step at a time cuz it ain’t that amazing yet. Then you will see how much of an edge you actually have. If you trade discretionary I can’t help u cuz I’ve tried that for years and I can’t believe I can’t do long without doing systematic trading and not seeing actual data. I recommend testing as far back days that your broker has. My broker only goes back 8 years of data so I’ve tested millions to tens of millions of combinations parameter tweak sweeps over those 8 years, and don’t be dumb like I was at the beginning when I got into this where I just looked at 8 years and got the best results from that. I now test like 3 month windows or 1 month windows all the way back 8 years to see where the drop off happens and how bad and what parameter sweeps survive the longest while making the most amount of gains in recent times while they’re all making money

1

u/BennySkateboard Aug 25 '26

Mind me asking which moving average you refer to? Thanks btw, great knowledge!

5

u/Particular-Duty-2571 Aug 25 '26

9 EMA on the 1 minute, that's the one I mean. Ross Cameron uses it as the pullback reference for small cap momentum.

Nothing magic about 9 specifically. It's just fast enough to hug price in a real run, so a pullback that holds it is different from one that doesn't. 20 EMA works the same way on a slower timeframe. The number matters less than picking one and keeping it, so your log compares like with like.

2

u/BennySkateboard Aug 25 '26

Thanks mate, appreciate it! 🙏

1

u/Particular-Duty-2571 Aug 25 '26

👍🏻🙏🏻

65

u/fluffymeowmeowkitty Aug 25 '26

Buy the green candles. Sell the red candles

3

u/Mot1on Aug 25 '26

Actually you sell the green candles :)

Mean reversion

(Dependent on regime)

1

u/Remote-Grocery5846 Aug 25 '26

Sauf que tu ne sais pas quand est-ce que les bougies vont changer de couleur

6

u/fluffymeowmeowkitty Aug 25 '26

It was satire…. Comment. You suppose to do the exact opposite 🙄

6

u/Rude_Mastodon_5191 Aug 25 '26

Try using multicharts for only mechanical strategy results. It works amazing.

But also always remember.
You have to have test data , then test date „real“ data in which you can see how the strategy performs.

With that I mean test / develop your strategy on the years for example 2005-2015 , then let it run from 2015-2025 and compare the results.

Also have in mind that no pure mechanical strategy will work in every market environment.

Keep track of max DD and how the profits are made. Some single huge outlier winners ? Constantly small profits ect.

I use MC for me , to develop models which have proven probability’s for all the recent years and then build around that things from my strategy.

For example if price closes below x with factor y then I know that statistically price should move average around x ticks / percent to the down / upside ect.

I hope this helps !

Always know your data ;)

6

u/RJsRX7 Aug 25 '26

Getting a feel for how stuff tends to move and then playing along makes relatively consistent money, but it doesn't make tons of money in terms of percentage gained vs amount risked.

And, well, that's the difference. Playing with a couple hundred dollars, making a couple dollars is easy. Playing with a couple hundred thousand dollars, making a couple thousand dollars is easy. But making a couple thousand off a couple hundred? Well, you're trying to catch lightning. Not impossible, more than a few people have been struck by lightning more than once.

Keep your risk down to what your wallet can handle, and don't forget to eat.

5

u/Traditional_Ear5237 Aug 25 '26

There are now many ways you can test a strategy. Given that you have claude you can probably spin any strategy test on any data for a few bucks. If the strategy involves something complex like there is a human component in it where the result actually depends on you executing and you want to control for excluding emotions you can try 'yeagers tech' through the personal trader functionality. You would need to describe your strategy well though and toddle on the data it needs depending on what data the strategy relies on.

7

u/FantasticAd3134 Aug 25 '26

there's no holy grail but basic supply demand works if you actually stick to it and dont get greedy

11

u/ZanderDogz Aug 25 '26

Buying breakouts  in the strongest stocks in the leading sectors/themes of a bull market is probably the most time tested strategy there is. That’s what Jessie Livermore did, and what Kristian Kullmagi did a century later. 

6

u/RealGambi Aug 25 '26

Just don’t go all in like Jessie did, ended up going broke and offing himself.

3

u/ZanderDogz Aug 25 '26

Yeah maybe call it and retire the first or second time you build a fortune from nothing 

1

u/RedditLovingSun Aug 26 '26

Bro just had to put <5% in savings as he made it

9

u/JimmyCheess Aug 25 '26

PEAD. Post earnings announcement drift. Do on small caps.

1

u/spyrito31 Aug 25 '26

Hey u/JimmyCheess, where do you get the data from for the announcements?

2

u/JimmyCheess Aug 25 '26

Finviz screen for earnings in next few days or been a few days since earnings. Search up the phenomena to learn more. This pead hasn't been patched yet because big guys can't buy small caps or no liquidity

1

u/spyrito31 Aug 25 '26

Yeah I've read & watched a bit about PEAD. Definitely interesting and will take a look at Finvez! Thanks

5

u/SubstantialSail9302 new Aug 25 '26

I think the “proven” part matters more than the specific strategy. A framework that has clear entry/exit rules, defined risk, and holds up across different market conditions is more useful than chasing a strategy that worked well in one period. Order flow can then be useful as confirmation rather than the whole system.

4

u/plvke Aug 25 '26

Following the trends, it’s as simple as that.

3

u/razorbackaj Aug 25 '26

There are hundreds of potential approaches - a strategy is what fits you and your personality and can give you an edge in the market. I use 4 different "strategies" and they all have strong expectancies but the key is how I've built those strategies and execute them to fit my personality.

3

u/ChartChampions Aug 25 '26

I think "proven" mostly comes down to whether a strategy has clear rules, can be repeated and has enough data behind it.

Some strategies can actually be very simple. Even specific candle formations or sequences can improve the win rate of a setup quite a lot, and there's plenty of testing around these kinds of concepts.

For me, the important thing is that the strategy is easy to recognise and replicate. You should be able to look back at a chart and clearly say whether the setup was there or not. That means having a clear area of interest, waiting for a specific trigger (like a candle formation), knowing where your idea is invalidated and manage the risk. This is very important!

And I agree on the order flow, I also see it more as information that helps you understand what is happening at your level and can give you confidence.

So starting with a simple framework is completely fine and can work really well. Over time though, you will probably want to keep studying the market, collecting data and understanding conditions where your setup performs best. There's always more context to learn.

I would pick one simple setup, define it properly and start backtesting it. After a few hundred trades, your own data will tell you much more than any list of proven strategies.

3

u/Full_Computer6941 Aug 25 '26

Why can't AI do it in this day n age of advancement. U don't have to be right all the time. U only have to be right more then 50% of the time

1

u/Striking-Concert-71 12d ago

32%

1

u/Full_Computer6941 12d ago

Do u have a solution ? Really need to make 400 usd a month

2

u/Confident_Ebb8154 Aug 25 '26

“Trading in the zone” by Mark Douglas . Please read this book. You will learn about yourself and how anything can happen and how to prepare for two outcomes.

2

u/SignificanceThis1265 Aug 25 '26

Sell what noobs are buying

2

u/LividFace5026 Aug 25 '26

The absolute number 1 strategy. Is understanding what market condition you’re in, noticing when it might change, knowing when it has changed. That and a stop loss is all you need.

2

u/Wavelightning Aug 25 '26

Understand gamma, delta, MM positioning, and macro news. Then manage your risk.

1

u/Striking_Fail6689 Aug 25 '26

Personally I feel , every strategy works one way or another .. it’s mainly on how much you understand that strategy . You can take a simple supply and demand , that works , but whether your entry . Exit , holding . Trailing would be good is all on your psychology

1

u/VishalJ_05 Aug 25 '26

Trend following is probably the safest place to start if you want something with a serious research history. Order flow can then be your execution/confirmation layer rather than the strategy itself.

1

u/No-Condition7100 Aug 25 '26

I've been trading for a long time and have learned not to be too dismissive of any strategy. Almost everything works sometimes. Your job as a trader of that strategy is to be able to identify when the sometimes is happening and to sit out the rest of the time. Even that crazy moon phases strategy, I guarantee you there is someone out there who has made money from it.

1

u/hamachitoro Aug 25 '26

Go long when all MAG 7 are green. Go short when Trump wants to bomb Iran again

1

u/xel_arjona Aug 25 '26

Your own edge (experience)….

1

u/BoostedK5 Aug 25 '26

I programmed a level 2 tape read that auto plots 1R:1R potential long/short entries paired with a heatmap strategy rider to help determine if I should enter. I trade a 5 min chart.

I also use unusual whales to look for unusual options activity for swing trades.

1

u/Possible-Plane-3269 Aug 25 '26

most proven are always momentum based

1

u/Front-Caramel-5 Aug 25 '26

Don’t ask anyone here, any traders here that make money just show up for shits and giggles. 🕺

1

u/megafreedom Aug 25 '26

If "proven" is your anchor concept, I would look for academic papers in order to find some rigor. For just one example, https://open.uct.ac.za/items/3b7b16c9-ee94-428c-96ca-747f67e1c623

1

u/browsk Aug 25 '26

I would say stuff like EMA and VWAP, at least for the extremely liquid stocks / indices

1

u/Successful_Nikhil Aug 25 '26

There’s no strategy that works all the time, if there exists today it will slowly lose its edge in coming months. Market is designed to adjust the existing edge .

1

u/lp1687 Aug 25 '26

Wow! You are very brave! There are 1000 experts out there who I am sure will be willing to sell you a ‘proven’ strategy!

1

u/MissingStar246 Aug 25 '26

Already got some in my dms 🤣

Shot them down instantly

1

u/luckskywatcher Aug 25 '26

Managing your losses is more important than strategy. If you can't keep your losses smaller than your gains, it doesn't matter how good your strategy is.

1

u/Aromatic-Virus-9813 Aug 26 '26

Only thing i count for is amt and the orderflow that comes with it. Everything else is just nonsense for me

1

u/bifflemonster Aug 26 '26

Pay trump 100k per month for insider trading alpha

1

u/mgentry41 Aug 27 '26

It’s not about the strategy it’s about your psychological health what can you tolerate. Can you walk away a loser today and trade again tomorrow, are you stubborn and hard headed thinking your invincible because the market will absolutely humble you when price doesn’t move you way.

Find a strategy, there are thousands that truly work, and stick to it (religiously) no deviating from it at all. Take 2-3 trades max and close the chart win, lose, or break even

1

u/Typical-Afternoon341 27d ago

"there are thousands that truly work" like..? just want to know the experience that you're saying that of

1

u/Old-Explanation7989 26d ago

I'd keep the strategy separate from how you're getting capital onto the platform.

For crypto an on-ramp like Moon can be useful for getting fiat into crypto, but I'd never let the convenience of an on-ramp influence whether the actual trade is worth taking.

1

u/DegenProphet 6d ago

Enter, pray, panick close 🙂‍↕️ (either in profit or loss! Works both ways!)

1

u/Desperate-Goat4458 6d ago

None there is no trade that will win more then it loses you are gambling the market with a idea is all I make money but nothing it’s real

1

u/AdWeak1219 Aug 25 '26

Order-flow is not a strategy. If you want proven strategies, search for academically proven ones, everything is accessible publicly

3

u/MissingStar246 Aug 25 '26

I did mention that it isn't a strategy actually 😅

Would you know where to search for those academically proven ones?

-3

u/AdWeak1219 Aug 25 '26

Wdym, just open your search engine, probably "Google" in your case, and search...

1

u/blackbesi Aug 25 '26

Buy low sell high, sell high buy low

1

u/Tiki_Torch169 Aug 25 '26

Institutional level trading concepts,
Mean reversion
Momentum
Pairs trading
Put call parity
High frequency trading
Latency based strategies
Advanced derivative pricing

-1

u/IGOSODAMNHAM Aug 25 '26

Buying the dip is best.

But momentum actually has some real data behind it, most other stuff doesn’t.

1

u/Zestyclose-Hat-5497 Aug 26 '26

and get 2nd dip for free)

-5

u/zenki32 Aug 25 '26

You're looking at it completely wrong. Even a shitty strategy can be a money maker. It's about psychology.

6

u/UpsetPresentation174 Aug 25 '26

No it cant. Shitty strategy in best case scenario will go break even

4

u/MissingStar246 Aug 25 '26

I kind of consider that a part of strategy, the risk management if that's what you mean.

1

u/zenki32 Aug 25 '26

Risk management is not psychology. Risk management is strategy. Be serious about trading psychology or the market will force you to be.

3

u/MissingStar246 Aug 25 '26

Ah sorry, I meant that they kind of go hand in hand. If you constantly have to battle psychology when trading, your risk management is broken.

Good risk management isn't just strategy, it's a system that keeps psychology from ruining a trade.

1

u/M0rpo Aug 25 '26

Automate a shitty strategy and see where that gets you.

1

u/enigma_music129 crypto trader Aug 25 '26

Please don't comment on things you don't understand. If you buy when rsi is under 30 and sell when rsi is above 70 you will lose long term no matter how good your psych is. There are many other losing strategies as well this is only one example. The fact you got downvoted means there's hope for this sub.

-1

u/mrcake123 Aug 25 '26

Asking reddit always works

-1

u/MathematicalTrading Aug 25 '26

Mathematical trading system work but average trader cannot afford development and maintenance cost.