ETs Ultimate Trading Strategy

Discussion in 'Trading' started by Darc, Dec 29, 2022.

Thread Status:
Not open for further replies.
  1. Darc

    Darc

    If Jim Simons could employ Mathematicians and Programmers to solve the Market, surely we can do it here with all the intellectual firepower and experience that comes through here.

    If we try for a generic strategy that'll work as both a Swing and Day Trading Strategy, that should suit most?

    So where to start?

    The Set Up? Let's put our heads, thoughts and ideas together. The BEST SETUP?
     
  2. Traders sharing their best secret set up for free in 3.....2.....1....
     
  3. Darc

    Darc

    Yep ... waiting!
     
  4. schizo

    schizo

    Well, the best setup for a beginner trader is you need to get your head out of your ass. These noobs get married to their positions without a proper stop, so they end up losing big. Been there and done that myself.

    If you're an intermediate trader, you might want to put your head back into your ass. You think too much. Trading shouldn't be too complicated.

    If you're an advanced trader, hmmm, just what the hell are you doing here?
     
    Real Money and Darc like this.
  5. deaddog

    deaddog

    Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it. Will Rogers
     
    Sekiyo likes this.
  6. Darc

    Darc

    We can do this Fellas. Positive thinking!
     
  7. Handle123

    Handle123

    I always learning something or a phrase will trigger new idea. Plus trading is very boring after so many years, girlfriend stares at me like am talking chemistry.
     
    toucan, BKR88 and Darc like this.
  8. Handle123

    Handle123

    Well, it is like this, would you expect Jim Simmons to hand out his systems if we asked for them? Plus, too many people doing same system, large smart traders will know where your stops are and force market to trip stops.

    And very few good traders start with setups
     
    Darc likes this.
  9. Darc

    Darc

    OK, positive participation level is low. Maybe @Magna could please delete this thread.
     
  10. I'm currently trying to work out a reasonable strategy to start with. I have quite a bit of money to lose and I'm currently trying to change careers into trading.

    Since August of this year, I have done very well trading ES futures just kind of "winging it" and paying close attention to major news announcements (CPI, NFP, FOMC speeches).

    I'm trying to switch from this haphazard qualitative approach to a more quantitative and scientific approach if it is possible, or perhaps a combination of the two.

    I foresee myself backtesting many systems in the coming months.

    My current strategy is to be open-minded about quant strategies until I verify things with backtesting, but some things I think I already know are...

    1. Don't quant trade around major news events such as those I mentioned earlier. Given the extreme leverage day traders get in NinjaTrader, it would be possible to make a lot of money if you get on the correct side of the large move immediately following these events.

    2. I think I'm going to trade differently at different times of day. I will try certain quant systems during off market hours, and others during prime trading hours.
     
    #10     Dec 29, 2022
    Darc likes this.
Thread Status:
Not open for further replies.