Whether I would be lacking discipline if I were not to take the
next trade or whether I would be silly to keep following the
system, which might just not "work." Could always trade with
less money than the last trade, but again, the discipline
thing. Not trying to bash, just wondering what others are
thinking and what Matt plans to do going forward with his personal
money with which he is trading the system.
And one of my concerns is that we keep getting tweaks going
forward. No offense Matt, but IMO this has happened with the
GDX system to some degree. Maybe it works great, but it just
makes me question the validity of a "system" I guess (and that is
true with any "system"). Appreciate all of the hard work
here, but this has been a tough one to swallow for someone who has
been "disciplined" and following. Just wondering what others
thoughts are please. Thanks.
I tend to disagree. One thing I appreciate about Matt's work is
that he is working hard to improve both GDX and SPY systems and is
pretty quick to impliment something he believes is better. He
always gives us an explanation as to why it is better and
backtests. Not sure why I would want him to slow down those
efforts. I trade them both and have been happy with all the
improvements, which I see as real improvements. So I don't mind
when the system I'm trading is improved. These are both awesome
mechanical systems.
I can't figure out...
SPY System Record?
Posted by trader8 on 15th of Aug 2011 at 03:14 pm
Whether I would be lacking discipline if I were not to take the next trade or whether I would be silly to keep following the system, which might just not "work." Could always trade with less money than the last trade, but again, the discipline thing. Not trying to bash, just wondering what others are thinking and what Matt plans to do going forward with his personal money with which he is trading the system.
And one of my concerns
Posted by trader8 on 15th of Aug 2011 at 03:17 pm
And one of my concerns is that we keep getting tweaks going forward. No offense Matt, but IMO this has happened with the GDX system to some degree. Maybe it works great, but it just makes me question the validity of a "system" I guess (and that is true with any "system"). Appreciate all of the hard work here, but this has been a tough one to swallow for someone who has been "disciplined" and following. Just wondering what others thoughts are please. Thanks.
Trader8, I tend to disagree. One
Posted by dougmil on 15th of Aug 2011 at 03:57 pm
Trader8,
I tend to disagree. One thing I appreciate about Matt's work is that he is working hard to improve both GDX and SPY systems and is pretty quick to impliment something he believes is better. He always gives us an explanation as to why it is better and backtests. Not sure why I would want him to slow down those efforts. I trade them both and have been happy with all the improvements, which I see as real improvements. So I don't mind when the system I'm trading is improved. These are both awesome mechanical systems.
Doug Milliken
Thanks for the input, Doug.
Posted by trader8 on 15th of Aug 2011 at 04:04 pm
Appreciate it.