what boils my noodles

Quote from Raystonn:

I would suggest you backtest your theory. Simply trend following has no edge. It will appear to make you money when the market is mostly trending, but you will lose all of your profits and a bit more when you get whipsawed. If you alter your signals to attempt to avoid whipsaws then you will find yourself missing some of the trends. You will still be net unprofitable in the long run.
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Actually you'll be very profitable in the long run, once you put together the other piece(s) of the puzzle, like money management. Hell, you'll even be profitable even if you don't have the best money management.

The problem with trading like this is, as has been previously stated, it's a KISS system and most guys who think they are smart love to outwit (or try to) the market. This I admit, is mainly a matter of ego gratification, which is fleeting at best.

(Obviously) I've tried the opposite as well, and while I like the concept of being able to catch every turn, overtime, it's the trend followers on every level (intra-day, overnight), trading every financial instrument and/or commodity, who are going to generate the real wealth.
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Thanks for your thread, I just got reminded of the obvious.

Good trading,

Jimmy Jam
 
Quote from JimmyJam:

Actually you'll be very profitable in the long run, once you put together the other piece(s) of the puzzle, like money management. Hell, you'll even be profitable even if you don't have the best money management.
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If you backtest over any considerable length of time, such as a few years, then you will find this to be untrue.

-Raystonn
 
Quote from nazzdack:

When you're boiling noodles, be willing to buy Barilla or DeCecco pasta instead of Creamettes or Prince. It's worth it.
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Damn right!
 
"If your noodles get boiled once too many times, soon you will be eating Ramen."

Get the chicken, the shrimp tastes like poo!
 
Quote from Buy1Sell2:

Bingo-- Find a good basing, reversal or continuation entry technique and let the trailing stops do most of the heavy lifting. Trading is very very simple.
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Just my 2c, but that is a million dollar post.
 
Quote from Raystonn:

If you backtest over any considerable length of time, such as a few years, then you will find this to be untrue.

-Raystonn
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No.

If you backtest over any considerable length of time, such as a few years, then you will find this to be untrue.

I find that it works perfectly for me.

Oh, right, you know what I'm using, right? :)

Wrong.

Good trading,

Jimmy Jam
 
Quote from trend_guy:

The only good Barilla cut is Spaghetti, De Cecco is top notch IMO.
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Absolutely. They also make good oil.
It's not a coincidence if it's more expensive.

I'm getting hungry
 
Quote from andread:

Nah, Barilla is not that great. I go for De Cecco and Voiello. Barilla is just okay.
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Come on now, Barilla is quite decent. But I agree De Cecco is better...
 
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