Great post! My understanding of inertia was a description of something that was not moving/changing but I see now that it is a term used to describe the fact that something already moving will continue until acted upon by another force.I guess in trading terms this is the core strength of the trend? I can immediately see some ways to to measure this in a rule based system.
Good Morning zghorner, I like your comments. Question for you please. 1. How can the trading outcome(s) be certain rather than uncertain? Thank you
Thank you for your encouragements. What happened in the first two weeks in January is the reason why I need to quantify. In Jan I switched over to the thinkorswim platform and did two weeks of paper trades. Nothing worked. I had two weeks with net paper losses. Prior to this year, from July to Sept, I paper traded and from Sept to Dec I live traded. Both were profitable every single week with profits of about 0.4% per day. I have not done anything different and I don't think it is the platform. It seems the stock behaved different after the new year. Since I am relying on general patterns and shapes, no indicators, no lines, I can't quantify what went wrong. Need to get back to basic and start over.
SOES was better? Hehe. (Remember that nick here?) (Of course, SML will never have a small order in stocks, because he is going to do 100 contracts in ES futures, by hook or by crook, to get his 1 million bux).
Do you really believe that the market changed? Don't you think that its just displaying charts differently than you are used to? If you aren't using indicators and scripting and all of the advanced tools then you aren't utilizing the full power of the platform. I am discovering and developing something new on it everyday. I can do some great profitable back testing strategies and paper trading. But I still have some psychological barriers to work through preventing me from getting the same performance during live trading. I either hesitate and arrive too late or over anticipate and arrive to early.