I hear you Doug but only after a number of trades will you be
able to look back and say if you improved the performance of the
system. I was trading automated systems for a while and I
frequently came up with "logical" reasons why a signal was not
right and I would not take the trade. Over time though I was wrong
more often than not so ultimately I had to ask my wife to keep an
eye on the systems to make sure the signals were properly executed
etc. I went and did other trades and we did better overall for a
good stretch in 2009 till the systems stopped working -- that was a
nice period, sigh!
I hear you Doug but
Major Trend Shifts and yhe SPY System
Posted by bkout3 on 10th of Aug 2011 at 04:21 pm
I hear you Doug but only after a number of trades will you be able to look back and say if you improved the performance of the system. I was trading automated systems for a while and I frequently came up with "logical" reasons why a signal was not right and I would not take the trade. Over time though I was wrong more often than not so ultimately I had to ask my wife to keep an eye on the systems to make sure the signals were properly executed etc. I went and did other trades and we did better overall for a good stretch in 2009 till the systems stopped working -- that was a nice period, sigh!
the three day chart of
Posted by dylan398 on 10th of Aug 2011 at 04:35 pm
the three day chart of the SPY...doesn't look promising for a rally near term....