I have gone ahead and programmed the strategies and am getting good results.
High Probability ETF Trading
- Thread starter RobtF
- Start date
There is little to elaborate about. RSI 25 and 75 is a 30-year old strategy. Days up/down is a strategy based on hope and ignorance of statistics (gambling fallacy). It doesn't matter what the other strategies are about as long as these two are included. I wonder what Chan found in there to endorse it. I'm not going to spend the money to buy it because it is probably a book for uninformed newbies.
Post your results pls or I will assume they do not exist. Just post the results for the RSI 25 and 75 strategy.
As you know, the book came out very recently. This is results on all systems. First trade was 5/29/09
Num trades: 8
AvgWin/AvgLoss 3.00
Profit Factor 5.00
Pct Profitable 0.63
Num trades: 8
AvgWin/AvgLoss 3.00
Profit Factor 5.00
Pct Profitable 0.63
What did you trade? Just one ETF? Which one?
Do you care to list the specific trades, date you entered and date you exited? Also did you trade only one EFT? Which one or ones?
ScaleOut, where have you been mate? It's been 5 months since your last post. I hope you have not blown up (as usually). Or maybe you have been busy putting stupid ideas on paper?. I remember how you pumped in the past similar material:
http://www.elitetrader.com/vb/showthread.php?s=&postid=875138#post875138
I liked the response by oil_trader that followed. I hope he is still around.
Keep it up.
ROTFLMAO!
You completely nailed the double-dealing troll!
Too fucking funny.
