My gut told me that my SPY bid @128.88 gets filled afterhours
and I went to sleep but unfortunately this was not the case and
futures are now up a few points. Next time I probably won't try to
get a better fill...
True, and I'm following the system regardless of what how my
emotions conspire to undermine my trading.
However, we should be aware that the overwhelming majority of
those "16 years" are backtested, not traded live. From what I
know of the system, it appears to be robust and not the product of
clever optimization, so I expect it to perform well in real
trading.
Still, until that happens, it behooves all of us to be aware of
the difference between backtested and live trading results.
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guts...
SPY system scale in 2nd entry
Posted by zwyss on 7th of Jun 2011 at 02:32 am
My gut told me that my SPY bid @128.88 gets filled afterhours and I went to sleep but unfortunately this was not the case and futures are now up a few points. Next time I probably won't try to get a better fill...
Your gut...
Posted by burkmere on 7th of Jun 2011 at 10:58 am
Over the past 16 years the System has been much smarter than our "gut.". ;)
True, and I'm following the
Posted by algyros on 7th of Jun 2011 at 01:05 pm
True, and I'm following the system regardless of what how my emotions conspire to undermine my trading.
However, we should be aware that the overwhelming majority of those "16 years" are backtested, not traded live. From what I know of the system, it appears to be robust and not the product of clever optimization, so I expect it to perform well in real trading.
Still, until that happens, it behooves all of us to be aware of the difference between backtested and live trading results.