How 'simple' is your trading system?

Quote from Thunderdog:

Fine, so make your generous offer to 10 non-airheads you have identified here at ET, and the rest of us airheads will await their report upon the completion of the process. Kindly let us know which airline(s) they will be using and the resort where they will be residing. Oh, the anticipation is palpable!
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I can feel it too. It Is palpable. Of course the monsoon and stolies gold helps... No we didn't touch it...lol
 
Quote from Grob109:


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There is no airhead in ET, so far, who has ever once thought that using a Universe of stocks that all exhibit the same high beta characteristics IS THE ONLY POSSIBLE UNIVERSE TO CONSIDER TRADING.
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Does this mean that your methods( rockets,wash, etc) can't be or shouldn't be used to trade just indexes of etf's ?
 
Quote from Grob109:

Thank you for your response. From the information you provided, I concluded that you are doing 12 trades a year per stream of capital that you are trading. As far as the profit per trade, I didn't work hard enough to get the answer from what you provided.

I recommend that you consider trading more frequently with a shorter hold and go for half the profits presented. The compounding multiplier from 10% and 35 cycles per year is 28.1 times the initial capital at the beginning of the year.
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I am thinking of risking more and taking shorter term positions. Maybe even up to 4% per trade. Hitting 10 opportunities a month, if my win/loss came down to to 2:1, would yield about 8% using 2% risk - obviously higher the more I risk.

I am confident I could achieve 10-15% average per month if I hit 10 opportunities with 4% risk - compounded, over 200% per year.
 
Quote from bjg:

Sorry, by simple, I probably meant naked TA. That is, without using indicators etc., just charts and price action. No influence by news, announcements, etc.
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Just charts and price action...

Charts (plural)... it's very complicating... Becomes "comfortable" with time.

In terms of automated trading systems, what is very "simple" like chart patterns, we discretionarily proclaim, becomes a very complicated code. For example, it's easy to say "Trend is UP" and have "a lot" of people agree. But coding that becomes very complicated due to fuzziness of the human perception towards a categorized market move.

There's a difference between "Comfortable" and "Simple". I'll keep my response "simple". :D :D :D
 
Quote from hypostomus:

...(big midday breakouts always occur when a nationwide sensor network detects a reduction in water pressure)....
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Hehehehehehe
Heheheheheheh

nitro :D
 
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