Getting a clue on next day

[man]

my statistics indicate that today's market should favour the long side.

with 59% chance we see a positive day with an expected return of eight times of the average. statistics are based on a statistically very sound sample.

if we gap significantly down, that figures would further increase.


peace

 

[man]

quite a hit yesterday. model insists on longs today as well ...


peace

 

[dbphoenix]

Perhaps you should take another look at your model . . .

 

[man]

it is funny. posting positive trades does not attract any attention - negatives find immediate response. no offense intended but your post is not the most profound i ever read ... perhaps.


peace

 

[Foz]

Quote from man:

it is funny. posting positive trades does not attract any attention - negatives find immediate response.

Don't take it personally. It is just that the message "trading is hard and other people have losses, too" is more welcome than "trading is easy and everyone but you is making money".

 

[dbphoenix]

Quote from man:

it is funny. posting positive trades does not attract any attention - negatives find immediate response. no offense intended but your post is not the most profound i ever read ... perhaps.

It's not intended to be "profound". I'm suggesting that if your model has begun to provide poor signals, you may want to re-evaluate it. Markets change.

As for responding to positive trades, if everything's going right, there's nothing to fix. On the other hand, if signals or trades begin to go wrong . . .

 

[dbphoenix]

Quote from Foz:

It is just that the message "trading is hard and other people have losses, too" is more welcome than "trading is easy and everyone but you is making money".

Actually, Wednesday and Thursday were relatively easy using my strategies. That's why I suggested that he take another look at his model. If he's satisfied with it, great.

 

[Walther]

Quote from man:

it is funny. posting positive trades does not attract any attention - negatives find immediate response. no offense intended but your post is not the most profound i ever read ... perhaps.


peace

Technically I have an up day also , but what do I know . It is actually hilarious to see how someone think that she can classify up or down day by 10:00 . amazing..

 

[dbphoenix]

Quote from Walther:



Technically I have an up day also , but what do I know . It is actually hilarious to see how someone think that she can classify up or down day by 10:00 . amazing..

Since you don't know the details of his model, you're hardly in a position to say one way or the other.

 

[man]

sorry. shouldn't have taken it personal. problem with 65% hitRatio is the other 35% ... but i agree one must always be willing to fix if something does not work. on the other hand you better not panic at first blow when you are boxing ...


peace