Thanks for clarification on GDX, i will be flat here as the
official rules would mean selling any long
basically straight away following the system, which is
somewhat pointless IMHO.
Regarding the system and emotions, all I stated was that today's
occurrence was outside of the system rules, there has never been a
crossover of the 8 day MA this high in the 80's, which was at 83.3%
today. Also per the system rules, you are to sell when the
system goes over 83.5% and so it's crossing up very close to the
sell parameter.
That's why I said while I do not have a high degree of
confidence on this long, you could go long with your 8% initial
stop, or just go flat. Since I have no historical data of
this occurring in the past, I do not know. The system
has always been a slight work in progress since I do not have a lot
of historical data.
Otherwise this week has been a hell week in my personal life
with so many family things going on, I've been working non stop and
just can't keep up. I will update the GDX page as soon as I
can, sorry for all the confusion.
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Thanks for clarification on GDX,
BPGDM will cross over the 8 day MA today
Posted by maxeaus on 2nd of Dec 2010 at 04:02 pm
Thanks for clarification on GDX, i will be flat here as the official rules would mean selling any long basically straight away following the system, which is somewhat pointless IMHO.
Please note that the spreedsheet
Posted by cherryw on 3rd of Dec 2010 at 07:35 am
Please note that the spreedsheet posted a profit instead of lost for this trade
Well, unless it goes parabolic.
Posted by frtaylor on 2nd of Dec 2010 at 10:09 pm
Well, unless it goes parabolic.
That being said , is
Posted by cherryw on 2nd of Dec 2010 at 10:01 pm
That being said , is this still a mechanical systems with emotions all over ?
Regarding the system and emotions,
Posted by matt on 2nd of Dec 2010 at 11:28 pm
Regarding the system and emotions, all I stated was that today's occurrence was outside of the system rules, there has never been a crossover of the 8 day MA this high in the 80's, which was at 83.3% today. Also per the system rules, you are to sell when the system goes over 83.5% and so it's crossing up very close to the sell parameter.
That's why I said while I do not have a high degree of confidence on this long, you could go long with your 8% initial stop, or just go flat. Since I have no historical data of this occurring in the past, I do not know. The system has always been a slight work in progress since I do not have a lot of historical data.
Otherwise this week has been a hell week in my personal life with so many family things going on, I've been working non stop and just can't keep up. I will update the GDX page as soon as I can, sorry for all the confusion.