I understand what u're saying but adapting is always not the best way to prevent it. It is sometimes clever to quit. It is similar to optimizing systems when unprofitable. It doesn't work out in the long run.
And... the size of the account is also an important part of money management...
I have a plan but i don't have any. The plan comes when I see it coming. I just react to what the market tells me and do not create one without it. I do have a plan for my mechanical systems but thats a different story.
Good trade
trend:D
Optimize your MA's and MACD's and you'll find a good curve-fit for your parameters.
It will eventually lose money anyways, but if u know when to quit it will make u some money.
Good Luck.
trend :)
No software currently offers bid/ask testing. You will also hit a plateau in every software u purchase. Actually... Understanding the plateau will lead u to create better systems by accepting the strength and weakness of the software.
Good Luck.
trend:D
Just tell yourself that losing is OK. Losing is not bad. If u can't be a loser you can't be a winner. If it's difficult for u now u will have difficulty trading bigger size. Like the Nike phrase, " Just Do IT."
Good Luck!!:)
trend
Agree.....
slippage occurs for sure if you're trading a system. You need to create a system that captures enough profit. High Frequency daytrading systems tends to look good on paper but not good for real trading.
Well...
Good Luck!!
trend:)
Eric,
Do you trade systems that trade more than 20 times per hour? How often do you get signals with systems you are currently trading?
I can sell some sysems I've developed in the past. PM me if u are interested and we'll go from there. It's not going to be cheap....
trend:D