Hey Gabe noticed your post about the strategies on the blog
today. I have been where you are and just wanted to tell you
what worked for me. Lowering the amount I trade. The
strategies are an entirely different beast to trading than what I
am use to. More trades turn out to be loosers than winners
and a lot of time you buy at the high and short at the low, the
difference is the computers dont stop trying. Humans get
frustrated, emotional or miss some of the opportunities, but
computers dont. Get use to watching the systems make and lose
money they way they do with smaller money, and then you will feel
comfortable giving it more and more.
Posted by gabebristow on 4th of Nov 2009 at 09:50 pm
I have a medium sized acct for my systems trades and bascially
wanted to make some substantial returns this month. My goal
was to make the cash so I could cover all the code
work. Then I caught whipsaw central and basically got a
case of whip lash. So now I guess I'll just double up
my positions and pray for surf.
no big deal, the cumulative effect works pretty solid on these
things anyway if you catch em right.
WTF
SRS swing system #2 with linearRegression Slope indicator
Posted by gabebristow on 4th of Nov 2009 at 04:44 pm
My sim acct was almost devistated last week..........
Hey Gabe noticed your post
Posted by cwa82675 on 4th of Nov 2009 at 09:07 pm
Hey Gabe noticed your post about the strategies on the blog today. I have been where you are and just wanted to tell you what worked for me. Lowering the amount I trade. The strategies are an entirely different beast to trading than what I am use to. More trades turn out to be loosers than winners and a lot of time you buy at the high and short at the low, the difference is the computers dont stop trying. Humans get frustrated, emotional or miss some of the opportunities, but computers dont. Get use to watching the systems make and lose money they way they do with smaller money, and then you will feel comfortable giving it more and more.
your statement is wrong about
Posted by matt on 4th of Nov 2009 at 10:11 pm
your statement is wrong about the systems having more losing trades than winners. For SRS swing system it's 51% winning trades, so that's not true.
and Gab, keep position size small, don't double and triple up on system trades. Keep the trade amounts small.
Thanks CWA
Posted by gabebristow on 4th of Nov 2009 at 09:50 pm
I have a medium sized acct for my systems trades and bascially wanted to make some substantial returns this month. My goal was to make the cash so I could cover all the code work. Then I caught whipsaw central and basically got a case of whip lash. So now I guess I'll just double up my positions and pray for surf.
no big deal, the cumulative effect works pretty solid on these things anyway if you catch em right.
cheers
sorry
Posted by gabebristow on 4th of Nov 2009 at 05:23 pm
I was just trying to show the difference between emotional and non emotional trading.
Systems or not, you still check your acct everynight right?
Or during the day when the market rallies and your short, emotion still arises.
That is all, hope everyone trades well
I don't understand your post
Posted by matt on 4th of Nov 2009 at 05:05 pm
I don't understand your post
Compounding and leverage works both
Posted by doctormike on 4th of Nov 2009 at 04:53 pm
Compounding and leverage works both ways.