Simple System for Beginners

[abogdan]

Quote from Everest:

Nobel as in gunpowder or noble as in my lord?

Noble, of course, apologize for the error.

 

[ssternlight]

Try this link. You may have to register first. I think you will find that returns are outstanding compared to traditional benchmarks.

 

[pierson]

Quah -
no i didn't include any commissions, i was just seeing if it held any validity what so ever.
Trading it like he had it over the 2 months there were 3 days with no trades and that would be covering 42 trading days, so 39 trades.
Trading it with the 1:00 measurement yielded 2 days with no trades in the past 2 months so that would be 40 trades.

Pierson

 

[Quah]

Quote from pierson:

Quah -
no i didn't include any commissions, i was just seeing if it held any validity what so ever.
Trading it like he had it over the 2 months there were 3 days with no trades and that would be covering 42 trading days, so 39 trades.
Trading it with the 1:00 measurement yielded 2 days with no trades in the past 2 months so that would be 40 trades.

Pierson

So, using 1 contract as an exmaple -

The first method gave a gross of +25 points or +$500. Using IB as an example $4.80 per R/T commish - $187.20 in commish - leaving a net of +312.80 for 2 months of trading.

The second method - gross +17.5 points or +$350, $192 in commish and net of $158.00 for 2 months of trading.

What does that tell you?

 

[ElectricSavant]

Trade more than 1 contract no?

Quote from Quah:

So, using 1 contract as an exmaple -

The first method gave a gross of +25 points or +$500. Using IB as an example $4.80 per R/T commish - $187.20 in commish - leaving a net of +312.80 for 2 months of trading.

The second method - gross +17.5 points or +$350, $192 in commish and net of $158.00 for 2 months of trading.

What does that tell you?

 

[HLB]

Quote from abogdan:

My philosophy always has been: "KISS". The simplest systems work the best.

Is building trading expert system in Prolog is a KISS?

 

[HLB]

Anybody can explain me what a KISS means?
Is it "keep it simple, stupid" or
"keep it, simple stupid" or
"keep it, simple, stupid" or
"keep, it'simple stupid"

Sorry I'm not an English speaker

 

[Samson77]

We entered (market)short at 541.70 so our stop today was 543.30 our sell stop or 546.90 our buy stop ?

Were is this guy that started this thread anyways.....

 

[Sashe]

Are you russian, HLB? Where do you live?

 

[ElectricSavant]

According to the original rules Sampson you exit at 15:00cst, if your still in...From what I understand it is a "time target" not a "price target".

Its hard to read your quote below....

Michael B.

Quote from Samson77:

We entered (market)short at 541.70 so our stop today was 543.30 our sell stop or 546.90 our buy stop ?

Were is this guy that started this thread anyways.....