I am working on improving some psych and tactical trading matters and would appreciate if anyone has a basic trade system they would be willing and able to share. i just need specific entry, exit, profit targets, stops, risk parameter criteria. Nothing too fancy, just a system to test some stuff on my end. Thanks in advance.
well not a lot of takers. for an update the binary options method has been working for all intents and purposes. there is not shortage of systems on the web that is for sure.
Here is an unprofitable system: Use standard stochastics. Go long when the fast line crosses above the slow line. Go short when the fast line crosses below the slow line. Entry is on the open of the bar after the cross happens. For fun you can reverse the signals and you'll see it's still a losing system.
What kind of time horizon are you looking for? I do not have anything simple that I could share for intraday trading, but if your time horizon is longer, there are a couple of things I could suggest.