how do you say oversold/overbought in easy language?

Thanks to Bob111 for the detailed comments, advice and the very precious link. I thank maxpi for telling us his personal experience with systems, and his advice about them. And, finally, I thank trend456 for wishing me good luck.
 
Quote from travis:

Thanks to Bob111 for the detailed comments, advice and the very precious link. I thank maxpi for telling us his personal experience with systems, and his advice about them. And, finally, I thank trend456 for wishing me good luck.
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no problem man! we just trying to keep you off from common mistakes. one more thing to keep in mind -that real trading can be totally different from results that you recieve on past data. i work on swing 1-3 days and come with average 4.5 on more than 3000 trades on 7 years. but when i start trade this system-i figure out that it is in 50% cases it is impossible to enter into trade. one rule been involved-buy at open price, if let say open > close. price went of quick or something else. very hard to figure out open price right @ open.now i trying to figure out, how to deal with it and difference will be between results from past and now. hope you understand, what im trying to say.

Good luck!
 
Quote from travis:

Yes, thanks for the advice. What you say is reasonable, and you may even be right that I am going the wrong way about building a system, but you are not showing me the way to do it, at least not clearly enough.

You're telling me "watch out, what you are doing may be wrong, you may be over-optimizing your system", but you are not telling me "look, this is the way to do it".

Give me your system, or show me a system that makes sense to you, and show me the report (or does it have to lose money in the past to make money in the future?), and the settings, and give me the .ela file, and then I will really be grateful.

Otherwise you're just discouraging me. You're doing it very politely ok, but it's still not helping me at all. Show me the way to do it, instead, and then you really help me.
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You're going to get killed.

nitro
 
Bob, I hope I didn't come off as someone who knows nothing about trading - I may know a lot less than you or others about systems ok, but that doesn't mean I am new to trading, and I hope that nitro didn't mean what you thought he meant by "you're going to get killed" - if he did, I'd resent that very much.

I don't want to be addressed, by people who know nothing about me, with such superficial, useless, and negative comments about my ability to trade.

Your advice was concrete, detailed, and didn't comment on my ability to trade. If someone came, instead, telling me things like what you think Nitro meant, and I was sure about it, I would reply "go write your bullshit somewhere else, you know nothing about me, so shut up or talk with respect".

I did write that, but I deleted it, because I think he meant to say that the tone of my reply to that other guy would have gotten me killed, which would be an innocent comment.
 
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