Well, they _did_ well since the signals had been issued. That
time has passed for those not in them. Will they continue to do
well from here or the run of luck is over?
Steve's approach is not to pick bottoms, and I side with him on
that.
Posted by James_Roe on 20th of Mar 2023 at 02:18 pm
These don't pick bottoms, they need a reversal and confirmation,
they're not reversion to mean they're trend following.
They're not perfect by any means, they're just intended to work
as a tool for managing long term investments across multiple
instruments without curve fitting.
James_Roe, thank you for answering. Could these charts be
released about 30 minutes before the market close, please? I would
like to avoid dealing with gaps.
Roy - these trend systems are meant to catch trending moves
lasting weeks to months, not a couple days.
while in the future we have some plans to be able to update the
KISS charts maybe a couple times a day, but it will require extra
cost - we have to get a new TS account, another computer, stuff
like that
but for now the KISS charts are updated shortly after the close,
which to me is fine, why? ETF's trade until 8 pm and some places
like IB now allow you to trade ETF's all night and on Sunday. And
if the average trade is lasting 1, 2, 3 months, seeing a signal
shortly after the close or entering it a day or so later doesn't
matter much. It's not like the reversion to mean systems that might
only be in the trade a few days or a week where you really don't
want to chase - some slippage here doesn't matter
also realize that it's a tool management system - while some of
the entries are great, I think it's a good tool to manage a
trending instrument that is already in an uptrend.
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Well, they _did_ well since
KISS charts: XLF, KBE Banks, GLD Gold, GDX - these did extremely well
Posted by junkie on 19th of Mar 2023 at 03:32 am
Well, they _did_ well since the signals had been issued. That time has passed for those not in them. Will they continue to do well from here or the run of luck is over?
Steve's approach is not to pick bottoms, and I side with him on that.
These don't pick bottoms, they
Posted by James_Roe on 20th of Mar 2023 at 02:18 pm
These don't pick bottoms, they need a reversal and confirmation, they're not reversion to mean they're trend following.
They're not perfect by any means, they're just intended to work as a tool for managing long term investments across multiple instruments without curve fitting.
James_Roe, thank you for answering.
Posted by junkie on 20th of Mar 2023 at 03:21 pm
James_Roe, thank you for answering. Could these charts be released about 30 minutes before the market close, please? I would like to avoid dealing with gaps.
Roy - these trend systems
Posted by matt on 20th of Mar 2023 at 03:39 pm
Roy - these trend systems are meant to catch trending moves lasting weeks to months, not a couple days.
while in the future we have some plans to be able to update the KISS charts maybe a couple times a day, but it will require extra cost - we have to get a new TS account, another computer, stuff like that
but for now the KISS charts are updated shortly after the close, which to me is fine, why? ETF's trade until 8 pm and some places like IB now allow you to trade ETF's all night and on Sunday. And if the average trade is lasting 1, 2, 3 months, seeing a signal shortly after the close or entering it a day or so later doesn't matter much. It's not like the reversion to mean systems that might only be in the trade a few days or a week where you really don't want to chase - some slippage here doesn't matter
also realize that it's a tool management system - while some of the entries are great, I think it's a good tool to manage a trending instrument that is already in an uptrend.