Gems: Methods and Systems

[TriPack]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=10532&perpage=6&pagenumber=1

A very nice thread has been identified that has the express purpose of discussing simple trading methods. This just goes to show that complex doesn't always mean better. Several simple trading plans are outlined. The thread is referenced above. For most of the methods listed below there is additional discussion throughout the thread so I highly reccommend taking some time and reading through the whole thread.

ET member damonjanis outlines a simple moving average crossover method.

http://www.elitetrader.com/vb/showthread.php?s=&postid=149833#post149833

ET member bobcathy outlines a simple moving average crossover method that also uses stochastics and bollinger bands.

http://www.elitetrader.com/vb/showthread.php?s=&postid=150081#post150081

ET member Girlpower shares a simple strategy of trading the breakout of the first 30 minutes with 15 minute bars.

http://www.elitetrader.com/vb/showthread.php?s=&postid=150200#post150200

As the thread continues to evolove, more detail about each system emerges and new ways to implement is also discussed so a thorough read is suggested.

 

[TriPack]

http://www.elitetrader.com/vb/showthread.php?s=&threadid=10532&perpage=6&pagenumber=1

A very nice thread has been identified that has the express purpose of discussing simple trading methods. This just goes to show that complex doesn't always mean better. Several simple trading plans are outlined. The thread is referenced above. I highly reccommend taking some time and reading through the whole thread.

ET member Snosur4 outlines a simple but fascinating 30 minute range breakout method that uses a 3 minute chart to identify trade signals. This method also talks about the specifics of trading in both the Nasdaq Mini and S&P Mini Futures and includes estimated historical ranges, breakout and profit levels for each contract. The post describes a relatively complete plan for trading the Minis.

http://www.elitetrader.com/vb/showthread.php?s=&postid=150263#post150263

An excerpt from the post:

I trade a system very similar to Girlpower but based on years of observation have made the rules a bit more specific.

For what it's worth here they are:

I use a 3 min chart.

Never ever trade before 10:00 EST

Always take every trade...never ever...ever pay any attention to any indicators ma's, stochs, rsi whatever.