Holy Grail

Grob-

Thanks for taking the time to form a reply. Although, I didn't
expect you to attempt to provide some sort of documentation
on the subject, certainly not an attempt at proof. It only weakens
your credibility from my perspective, I respect your diligence nonetheless. Whatever the document is claiming, if it is gains for you in realtime then hip..hip to you.

If your bullshit works for you, then who the hell am I to critique.

Wasn't trying to, certainly wasn't trying to disprove a thing you said. Really wanted to know whether you believed what it was that you were saying.

Question answered.


I do however, completely disagree with your belief that the Futures market is as you put it, "Uncomplex" <- -still deciding
on this cute little compound.

you state: "futures indexes have two variables: price and volume. When one person wins the other does not.......""

This is not true. A KISS scenario for you would be a long-term holder of a contract for any given point in the market/time by which the holder turns seller and relieves themself on the contract, to a buyer who intends to hold for a few seconds, at a few seconds later time said buyer realizes an appreciation of value in held contract then sells, to a oh, take a guess....

the cycle continues.


Hummm, I wonder how that looks in the equities market.....


Oh, about the Econ 101 text. If you are still offering up advice for any given reader to go out and get or reread a copy, then you haven't realized what many others have.

The text is useless. ;-)


best-


momo






Quote from Grob109:

I parsed your post in color

 
Momotrdr,

So,
if someone responds to your post, you respect them LESS than if they acted like you didn't exist? Hmmmm....
You are one interesting albeit convoluted individual :)

jd
 
Quote from hypostomus:

...without getting proprietary, is that an intraday or multiday system, and what was the time span of the backtest? Thanks. - Mike

it's on a daily scale spanning back 2 years from present
 
...thanks for the clarification. Are you planning to trade it? OT, re your handle, I think the word elemosynary every time I see it. Was meinte das auf englisch?
 
Quote from plumlazy:

*A* holy grail in a nutshell =

If a trend can be identified - enter with the trend - assume that the trend will continue until it proves otherwise - if you find yourself on the correct side of the market then sit tight until the trend breaks (there are different trends in different timeframes - play out each trade within your chosen timeframe for that particular trade).

Honor thy stops - keep losses small - keep losses small - keep losses small.

Be willing to take a walk when your experience is telling you to do so.

Yeah, but how do you identify a trend, the rest is trivial.

nononsense
 
Quote from plumlazy:

*A* holy grail in a nutshell =

If a trend can be identified - enter with the trend - assume that the trend will continue until it proves otherwise - if you find yourself on the correct side of the market then sit tight until the trend breaks (there are different trends in different timeframes - play out each trade within your chosen timeframe for that particular trade).

Honor thy stops - keep losses small - keep losses small - keep losses small.

Be willing to take a walk when your experience is telling you to do so.

If I know how to resolve the two "if"s mentioned above, there would be completely no "if" anymore. :confused: :mad: :D
 
"Having the holy grail is about you perceiving the market correctly; that means having a system that basically captures the daily price movement." Funky

Yes. Correct.

You quote impressive performance figures too .. well done!
 
Quote from OddTrader:



If I know how to resolve the two "if"s mentioned above, there would be completely no "if" anymore. :confused: :mad: :D
===

The first '' if,'' id on a trend in a directional uptrend is easier to identify than ;
riding it to max which is harder.

Hit the books hard no matter what;
but I would really hit the books hard & quick if I had trouble identifying uptrends in a bullmarket which arent as difficult as a bear,downtrend market:cool:
 
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