Fading an unsuccessful strategy?

Discussion in 'Trading' started by clambill, Feb 12, 2010.

  1. I am coming to that same conclusion.
    Get out of here with your logic.:p
     
    #61     Feb 14, 2010
  2. Poor Jack. So much time. so little to say...
     
    #62     Feb 14, 2010
  3. bigpapi

    bigpapi

    [​IMG]
     
    #63     Feb 14, 2010
  4. Jack Hershey's SCT

    [​IMG]
     
    #64     Feb 15, 2010
  5. SCT can mean:

    SCT Secrétariat du Conseil du Trésor (Treasury Board Secretariat - Canada)
    SCT Scattered (some clouds)
    SCT Secrétariat du Conseil du Trésor du Canada (Treasury Board of Canada Secretariat)
    SCT Supreme Court
    SCT Stem Cell Transplantation
    SCT Secretaría de Comunicaciones y Transportes (México)
    SCT SEPA (Single European Payment Area) Credit Transfer
    SCT Schmidt-Cassegrain Telescope
    SCT Seattle Children's Theatre
    Sct Superior Court
    SCT Semiconductor Tracker
    SCT Supreme Commission for Tourism (Saudi Arabia)
    SCT Social Cognitive Theory
    SCT Secretin
    SCT Systems & Computer Technology
    SCT Scitex Continuous Tone
    SCT Scrolling Combat Text (World of Warcraft gaming)
    SCT Sentence Completion Test
    SCT Society for Clinical Trials
    SCT Supreme Court Reporter
    SCT Special Consumption Tax (Turkey)
    SCT Standard Course Time
    SCT Sacrococcygeal Teratoma
    SCT Secretaria de Ciência E Tecnologia (Portuguese: Department of Science and Technology; Brazil)
    SCT Smart Card Technology
    SCT Southern California TRACON
    SCT Static Contraction Training (fitness)
    SCT Supervisory Control Theory
    SCT Social Contract Theory
    SCT Sonoma County Transit (Santa Rosa, CA)
    SCT Scenetorrents.org (private torrent tracker)
    SCT Spectrum Control Technology
    SCT Software Compatibility Test
    SCT Soft Contact Lens
    SCT Société Canadienne de Thoracologie (Canada)
    SCT Special Committee on Trade
    SCT Single Channel Transponder
    SCT Single-Chain Trimer
    SCT Sertoli Cell Tumor
    SCT Shipping Corporation of India
    SCT Santa Clarita Transit (Santa Clarita, CA)
    SCT Saturated Condensing Temperature
    SCT Subroutine Call Table
    SCT Sioux City Terminal Railway
    SCT Spondylocarpotarsal Syndrome
    SCT Super Capacity Tactical (firearm; Sig Sauer)
    SCT Strathclyde Compression Transform
    SCT St. Claire Thugs (band)
    SCT Space Camp Turkey (Izmir, Turkey)
    SCT Structural Collapse Technician (emergency rescue)
    SCT Satellite Communications Terminal
    SCT Sonoma County Taiko (Santa Rosa, CA)
    SCT Senior Computer Team
    SCT Spacecraft Control Team
    SCT Swiss Classic Tours (Switzerland)
    SCT Ship Custody Transfer
    SCT Social Care Training (Warrington, UK)
    SCT Superframe Composition Table
    SCT Strategic Component Team
    SCT Software Certification Test
    SCT Secure Cellular Terminal
    SCT Segment Creation Time
    SCT Subset Cut Technique
    SCT Self Contained Tensioner
    SCT Specifications and Contracts Team
    SCT System Certification Test
    SCT Strategic Communications Terminal
    SCT Systems Control Technology, Incorporated
    SCT Space Control Technician
    SCT Service Center Transition
    SCT Synchronized Clock and Tone
    SCT STATS ChipPAC Taiwan Semiconductor Corporation
     
    #65     Feb 15, 2010
  6. Jack, did Dr. Hu work for Wo Fat?
     
    #66     Feb 16, 2010
  7. I think I finally found the solution. I know there's the method and there's also money management. But, I've seen a number of situations where I had a temporary profit only to see the price go back down then hit my stop. I just realized that if I used (a certain method I won't reveal now) a method to determine that the price is turning around (after taking a position), I could simply exit the trade even if it's just for a very small profit or break-even or a slight loss. If I end up being break-even after a series of small losses and small profits, then the times I do make a large profit I would finally come ahead. And even if I only had one large profit per week, then I'd be still making money.

    This method however requires that I watch prices all the time. And of course my discovery only came at a time when I finally have to look for a job since I can no longer make my credit card payments. :eek:

    At least I have an idea what might make me a profitable trader.
     
    #67     Mar 26, 2010
  8. By that reasoning, you should also be able to watch a lousy carpenter at work and just do the exact opposite to become an instant craftsman.
     
    #68     Mar 26, 2010
  9. If it has anything to do with the original post, then the only one who will become profitable, is your broker.
     
    #69     Mar 26, 2010
  10. 4EXJOE

    4EXJOE

    Here's something you could look at:

    http://www.fxcm.co.uk/forex-system-selector.jsp

    I actually use this and fade some of the crappier systems as they have an option to do the opposite.

    I figured most of these are probably like MACD crossovers and such.

    Generally I have been successful with this strategy but that is also because I sometimes take profits when I have them or use my own analysis to manage the trades.

    Good Luck!
     
    #70     Mar 26, 2010