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IeatGoldmanSnax
 

Registered: Jul 2012
Posts: 83

 

08-11-12 01:50 AM

I noticed the threads......lets put this to rest right now.

-Major system trades placed were 2 limit orders and 1 stop entry. ***These limit orders were placed HOURS in advance based on Technicals. ***

-Discretionary trading for the rest of the marks, yes i'm perfectly capable of getting out of a losing position without hard stops. I obviously prefer scalping.

This is my trade log for the past 1 week on an hourly frequency (orders place on <=M5 timeframes typically).

It's a joke to me to say TA doesn't work.

We all like pictures here.....so I attached it below.

ta works.png
This has been downloaded 398 time(s).

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hoodooman
 

Registered: Jun 2003
Posts: 4431

 

08-11-12 02:13 PM

I have two indicators that when their signals coincide precisely then the
probability of a successful trade is very high. Here are the results since
Aug.2:


DATE MKOPEN W/L WIN%
8-2 UP 27/3 90%
8-3 UP 18/1 95%
8-6 DWN 18/1 95%
8-7 UP 35/8 81%
8-8 DWN 47/1 98%
8-9 DWN 24/2 92%
8-10 DWN 25/1 96%

There are always between 50 and 40 stocks in my que but only
a portion provide a signal each day.

These are all buy signals and interestingly, the short signals are not
nearly as accurate.

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RangeTrader
 

Registered: Mar 2012
Posts: 705

 

08-11-12 07:40 PM

Yes, I have the exact same results in equities with non-discretionary system trading... Long setups work reliably, short setups don't... The math is a little different when the market is falling.

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hoodooman
 

Registered: Jun 2003
Posts: 4431

 

08-11-12 09:19 PM

My specialty was shorting the market but it never worked as good as this.

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IeatGoldmanSnax
 

Registered: Jul 2012
Posts: 83

 

08-12-12 05:10 AM

The analysis is from the Weekly and Daily level.

I'll post them real time from now on and turn this thread into something useful. I don't prefer this style of trading, but it's worked the best for me over the years.

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IeatGoldmanSnax
 

Registered: Jul 2012
Posts: 83

 

08-13-12 05:44 AM

L off 1.2293

Stop 1.2280

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