I'm with this guy. I keep track of how many times I am stopped out too early, or close too soon. If I see a trend then I'll adjust my stops...
It's because you know when to trade the system. The computer does not. Another reason is your brain's "bullshit filter" on divergences. When...
Glad you're back.
For the eminis, I will usually close some of a winning position with an equal or higher price peak (for longs) on lower avg volume. Likewise for...
A good free one is TSim+ available on the web. I use it to forward test new trading methods. Actually it's shareware, I sent the guy $10. Well...
add a "most ignored" list which counts # times a user is on another's ignore list. Now THAT'S entertainment.
Nothing wrong with investing at this point. I started with $1k and $100/mo. in two different mutual funds. Pick two or three stocks that pay...
Not asking for your trading method. Just wanted to learn about mathematical ways to choose which system to trade. p.s. Unless you have a few...
Some very nice ideas I must say I know not much about. But what you described above is called a bad system. Also, by "system" I see we...
Cool! Maybe you could tell us about some "methods used to choose systems". Sounds very very interesting.
the other idea, of multiple systems on one market, is mathematically sound, but what do you do in practice, when one system calls for a long...
The system will capture market action that appears which it is designed to capture. We cannot help or make that market action appear, no matter...
I'd go with this one on multiple markets. This way you only worry about one system, and the markets might take turns printing money for you.
Try this thread
Indeed-- Both are based on the accumulation/distribution line. To make an A/D line you add (subtract) a portion of the bar's up (down) volume...
Like "Porky" from Martin Schwartz's book shows us, discipline in one area is not necessarily correlated to another. There are also plenty of...
How about a top 10 "most ignored" list. It would count up how many different users ignore a given user.
Now it's looking more like an agressive short. Resistance at $39, clear downtrend the the OBV. $37 is a conservative target, with stops just...
How about a quick tape reading lesson? Just something to get us started. I don't even know what exactly to look at, or look for.
Again, until you write down in columns the P/L for each method, and figure out how you doubled your account, you are still operating on feelings....
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