Posted by focus175 on 11th of Jun 2020 at 03:30 pm
I agree, I'd like you to keep the reversion to mean systems.
It's honestly the biggest reason I joined, and I would be very sad
to see them go away.
I think it's important like you said to remember that these are
based off statistics and we are outside the statistical norms this
year. That said, no trading strategy is 100%, so one must determine
the max drawdowns they are willing to take and trade with a
position size according to that, which I know is challenging when
we are waiting for the system to send a sell signal and we don't
have an actual stop that we can use to help determine the position
size.
All that to say, I do hope you keep sending out the signals
Matt. Having a mechanical system like this to add to my strategies
has been very beneficial over time.
well said - a very seasoned trader told me at one time - find
something that works - do it over and over and over again until it
stops working - find something else that works - do it over and
over and over until it stops working - find something else that
works - etc. etc. wash, rinse, repeat. It is maybe considered
boring, but when its working, it works. A fundamental rule
for myself is - it is not about what you win, it is about what you
do not lose. Happy trading!
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I agree, I'd like you
SPY Systems
Posted by focus175 on 11th of Jun 2020 at 03:30 pm
I agree, I'd like you to keep the reversion to mean systems. It's honestly the biggest reason I joined, and I would be very sad to see them go away.
I think it's important like you said to remember that these are based off statistics and we are outside the statistical norms this year. That said, no trading strategy is 100%, so one must determine the max drawdowns they are willing to take and trade with a position size according to that, which I know is challenging when we are waiting for the system to send a sell signal and we don't have an actual stop that we can use to help determine the position size.
All that to say, I do hope you keep sending out the signals Matt. Having a mechanical system like this to add to my strategies has been very beneficial over time.
well said - a very
Posted by tahoe on 11th of Jun 2020 at 04:10 pm
well said - a very seasoned trader told me at one time - find something that works - do it over and over and over again until it stops working - find something else that works - do it over and over and over until it stops working - find something else that works - etc. etc. wash, rinse, repeat. It is maybe considered boring, but when its working, it works. A fundamental rule for myself is - it is not about what you win, it is about what you do not lose. Happy trading!