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good stuff dgbro, and you have to wonder, if ma becomes less and less profitable as mkt becomes larger and larger, doesn't that really mean that mkt trends less and less?

good one phoenix, and it's just stuff like that. Everybody is looking for something big. I have never found anything big. Little details, you never know. Maybe you don't even use it, but next time you see what happens when prices rally and macd contracts. It's not that complicated. And you...

And so cpo, there is the answer to your question. If you want to optimize a moving average, you must first realize that you don't need a moving average, and if you had one, there wouldn't be anything you could do with it anyway, and so the optimal setting would be zero.

Knowing the past average price probably has less value to me than studying algebra did in high school. But just because I had no future plans for it's use, it was not declared an irrelevant subject. And I think to this day they still teach it. My life is already simple enough. I am not...

but seriously gnome, most of this stuff comes into my life on a bad day. Maybe the 1 min chart is sort of bullish and the 3 min is sort of bearish. I just look around for anything I can use. Maybe I see 3 higher rallies in prices and 3 lower rallies on the macd. Maybe I say, classic...

becaue I'm not trying to determine if prices are trending. If I wanted to do that, I would just draw a trendline. That's what trendlines are for. I want to determine if the current price is higher or lower than the average price has been. That's what moving averages tell you. It's not my...

no, but if I understood it I would.

optimising a moving average is sort of like putting an air foil and heavy duty shocks on a minivan. If you have to optimize it, you might just be trying to use it for something it was never designed to do in the first place.

if prices go up then they go down then they go back up again, how can I use a trendline to determine if on average, prices have gone up or down? Let's just say I'm buying milk, and I want to buy it at or below the average price for the last 20 days. Now I have 3 trend lines, one going up, one...

lobster, I already know how to read the market. Yes, looking backwards is exactly what I am trying to do. And yes, the whole foundation of any crazy system I come up with is money/risk management. What I don't know is if my reading of the market is even neccessary. What I don't know is if...

That's what I use to think when I didn't understand indicators. Now that I understand them, when people tell me I don't need them, I just smile and never argue. Man that use to burn me up when I was trying to get on some indicator users nerves. I thought they were wimps who couldn't defend...

let me try this one more time. Forget the numbers for a minute, just tell me if this concept has any value. Start with $10,000 and the following targets Max loss=400 Average loss=200 Average win=300 hit rate=40% 1.enter trade using coin flip or crossover or whatever I don't care...

But if I was an aggressive trader who likes to stalk his prey, go in for the kill and make them pay, I'd spend a little time each day on the ACE. Because one thing the Dow has going for it is "Well, I don't know anything about commodities or indexes, but I have dabbled in stocks, and I saw...

I mean you look at SPY and DIA. Sure SPY trades a lot more, but I don't know anyone who looks at DIA and says too bad it can't be traded. So the fact that many futures traders don't want to throw hard earned into the Dow tells you it is more than just a problem with the index. When...

CBOT didn't want to step on the toes of it's members who trade in the pits. It has very little to do with which is better S&P or Dow in my opinion. When you think about it, an index based on just 30 stocks has all kinds of trading possibilites. Especially for a stock trader. Woulda coulda...

It's hard to recommend a book, because most of the ones I found useful were helping me personally address a problem that I was trying to solve at the time. And even then, in most cases the whole book was not that good, but maybe there was one sentence that provided a key which unlocked a door...

phoenix, Have you done any fooling around with the parameters as far as using macd and the dmi adx study? Using that combination alone I was able to stabalize a bad drawdown. But I was too scared to change the preset values because at the time I couldn't hit the broadside of a barn. When the...

yeah illiquid, it works very well on 1 minute charts. It's all relative. 1.75 is a bread and butter move when you are using 2 tick stops. The whole fibbonacci scene played out between 884 and 881, so with that narrow range, a scalper can afford to wait for a move past 0% and trade it aggressivly...

This system is just one someone came up with, the system isn't important. What is important is having the monthly account look right. So once you have your maximum loss calculated and written in stone, you attempt to hit the other optimal targets. For instance, if you were using trailing...

As long as you understand the way the scam works. Only the names of the top ten are published. So everybody just goes in and trades like a crazy fool at full margin. Naturally, somebody ends up with a spectacular return (while almost everybody elso goes completely broke) and then the one lucky...