What's your Trading System??

Quote from WinstonTJ:

I'm working on a system that consistently loses $100-$300/day…
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Don't worry, Win, you'll make it up in volume :eek:
 
I buy when I anticipate that prices will probably rise, and I sell when I anticipate that prices will probably fall.

Then I hope that the total profits (of winning trades) exceeds the total losses (of losing trades). Often, it does. But not always!

Is that a system?
 
Quote from MGJ:

I buy when I anticipate that prices will probably rise, and I sell when I anticipate that prices will probably fall.

Then I hope that the total profits (of winning trades) exceeds the total losses (of losing trades). Often, it does. But not always!

Is that a system?
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Absolutely! This is my system as well. Of course I use an indicator or 2. And it has worked in the past for swing/position trading.
 
Quote from lescor:

Good thread, but I'm surprised no one has made note of the huge assumption the OP made. Many traders are pulling money out of unique situations that are very liquidity sensitive. Divulging what they are doing is literally inviting people to take money right out of their pocket.
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Exactly... even more important as to why a successful trader will not want to divulge a profitable system is that he (or she needs) people to take the opposite (i.e. wrong) side of his trades...

I have a system that has been working for me, and unfortunately for all of the non-profitable traders out there, it requires SOMEONE to take the opposite side of my trades. And by definition, the opposite side of a profitable trading system is the losing side. :cool:

So, why would I tell people my system if it is not only going to have more people try to copy it, but also keep people from doing the wrong thing and thereby allowing me to profit from their mistakes? Some of these setups I use are like picking up 20$ bills on the ground... if I tell people how NOT to leave 20$ bills lying around on the ground, how will I have any to pick up? Also, other people will pick them up before me :D

Sorry, trading is a zero sum game, and for every winner, there is a loser...

g
 
Quote from drcha:

The reason I don't post my systems here is because there are so many people on these forums who need their rabies shots. No matter what people write on here, there are always those who want to tell them that it can't be done, they had better stop doing it, it won't work, they are idiots or losers, etc. Why would I want to post systems that I know are profitable just to have a bunch of people rudely tell me that they do not work? Or ask me to post my returns, which are not their business? I do not need to prove anything to a bunch of strangers--I know what my equity curve looks like.
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Exactly!

"who need their rabies shots" - very apt
 
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