Kudos to MMs

Quote from Maverick74:

No, there really isn't a way to mathematically state that. LOL. If I could Nitro, if I could reduce it to a formula that if B is greater then A then C. We would all be billionaires and the markets simply don't work that way. It comes from experience. You watch thousands of markets and you begin to see what a strong trend looks like.

Nitro if there is a formula I can offer it's this. And this formula applies to trading, life, relationships, health, you name it.

Experience is the greatest edge. But to get experience, you need time. And to get time, you need discipline. Discipline affords you the time to gain the experience which will allow you to exploit the in-experience in everyone else.

That is the only formula I have found in my life that seems to have any value. Everything else is academic.
More...
Ok, then I can't input that into a computer, so it does me no good in the context of a 100% systemic system. We have talked about this in the context of ACD, that you don't trade it strictly as a mechanical system and discretion is a big part of your style. I respect that, and if it works for you that is all that counts. That is not my goal. You think I can't see the trend here? LMAO.

Look, downtown Chicago is littered with boutique shops that have nothing but computers humming making 100% of trading decisions. Granted there are some shops where a trader will adjust parameters during the day. My goal is to have a 100% mechanical way to trade markets with no human intervention.

That continues to be my hope...
 
Quote from shortie:

i must take full responsibility for being bad Karma for NVF system. every time i get excited about it's performance, surely enough the system starts having hard time.

notice the date on the above post, SPX was only 1,124.66 back then.
More...
NFV gets caught on the wrong end of very strong trends. It can probably deal with even strong trends just fine, i.e., those that have _some_ pullbacks. Every time a very strong trend comes along, you are the cause?

All NFV needs is a way to dynamically expand and contract the chains. We still would have lost, but the loss would have been kept to a minimum. Another thing that people do is run multiple systems and hope that the mixture works better than any particular part, on average. That is easier said than done. But for example, if you guys had added a filter like "don't follow NFV on a MA cross over", you would have stayed out of this.

Don't listen to all the noise. Let the system play out, gain experience when it is wrong to follow it, and use it to your advantage. You have seen it work. Figure out when it may and when it may not work. When it works automatically, it will no longer be posted on ET.
 
BTW, a simple way perhaps to quantify a strongly trending market is, a market that in a period of say n number of days, does not have an x% pullback. The problem is that how long do you wait? Fear and greed at play...

All versions of NFV can survive all but the strongest of trending markets. This up-trend has not had a single -2% day in over two months!!!!!!
 
I know what the final field is and I will be adding it tonight. I can't believe my eyes, but there it is, a complex number, the SQRT(-1) = i, has made it into a system of mine. Incredible, but it makes perfect sense.

As of tomorrow, NFV(2) will become FV, and it will be used both as an intraday system and a swing system with add/remove chains. Only one version of FV as of tomorrow.

The swing system will still be Sim and the intraday system real until further notice.
 
NFV 1104.35. NFV(1) 1166.83. NFV(2) 1202.45. SPX 1,216.97.

Approximating what NFV(2) would read today when the new field is added, it would be ~1216. Don't be fooled that it is equal to SPX at this moment.
 
Quote from shortie:

is the newest FV expected to have its value closest to NFV(2)?
More...
See the post directly above this one. FV is just NFV(2) with the final field added. In effect, FV = NFV(3).
 
You must log in or register to reply here.
Back
Top