Peter in his writing is offering his general analysis, thoughts
and opinion about the markets. But he never says "go short
tomorrow" or "go long tomorrow". Because he's not trading
forecasts and opinions, even his own. Meanwhile his
systems are not forecasting anything and not thinking anything --
they are just going about the business of executing
algorithms. If what peter forecasts actually occurs, his
systems will have him on the right side of the trade most of the
time -- better than 90%. If his forecast is wrong, his
systems will still be on the right aside of the trade most of the
time, even though his forecast will be wrong. If he never
wrote anything contrary to what the systems are doing he would
never be able to write a forecast or opinion, but could only say
where his systems are right at the moment. And also, some
will be long, some will be short at the same time depending on
time-frame.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
Peter in his writing is
peter campbell says get out. we will see if he is right
Posted by Michael on 25th of Mar 2011 at 05:18 pm
Peter in his writing is offering his general analysis, thoughts and opinion about the markets. But he never says "go short tomorrow" or "go long tomorrow". Because he's not trading forecasts and opinions, even his own. Meanwhile his systems are not forecasting anything and not thinking anything -- they are just going about the business of executing algorithms. If what peter forecasts actually occurs, his systems will have him on the right side of the trade most of the time -- better than 90%. If his forecast is wrong, his systems will still be on the right aside of the trade most of the time, even though his forecast will be wrong. If he never wrote anything contrary to what the systems are doing he would never be able to write a forecast or opinion, but could only say where his systems are right at the moment. And also, some will be long, some will be short at the same time depending on time-frame.