Registered: Dec 2006
12-21-10 07:05 PM
Another year wrapping up. I was wondering what you guys think was the most important lesson or observation you discovered this year.
I will go first.
1. more emphasis on the larger time frames; lower costs, larger gains, easliy add size. A stunning observation was in Nov., using a larger time frame, i made the same net points in 6 trades as i would of in 18-20, shorter time frame trades. Why make this any harder than it needs to be,.(note i see the same results as i did in Nov, in 5 years of backtesting.)
2. Stick to key several systems. A funny thing i also noticed, is many systems/methodolgies work. The "secret" is to trade it from 1/1/2010 to 12/30/2010, unless stats or results change.
In summary, stick to what works and the larger the time frame the more it works. at least for me.
Your thoughts and your findings