How do you think the rules of a trading system should be? ....the K.I.S.S method (keep it simple, stupid) or very structured and detailed with branching options based on unique situations. In other words, should THE RULES of a system try to keep the whole thing simple and straight forward or should there be a rule for each possible situation that may occur?
I prefer KISS...
only 4 broad (but strict) rules to form entry points
only 3 rules to form exit points
only 5 rules for exceptions on the above seven.
pretty much I could state my trading system in a couple paragraphs easily enough for someone to employ on their own. As of now it has proven high probability of wins with sufficient gains.
~RT
I prefer KISS...
only 4 broad (but strict) rules to form entry points
only 3 rules to form exit points
only 5 rules for exceptions on the above seven.
pretty much I could state my trading system in a couple paragraphs easily enough for someone to employ on their own. As of now it has proven high probability of wins with sufficient gains.
~RT