How do you think the rules of a trading system should be? ....the K.I.S.S method (keep it simple, stupid) or very structured and detailed with branching options based on unique situations. In other words, should THE RULES of a system try to keep the whole thing simple and straight forward or should there be a rule for each possible situation that may occur? I prefer KISS... only 4 broad (but strict) rules to form entry points only 3 rules to form exit points only 5 rules for exceptions on the above seven. pretty much I could state my trading system in a couple paragraphs easily enough for someone to employ on their own. As of now it has proven high probability of wins with sufficient gains. ~RT
RULES should be simple.... but like everything else, someone will find a complex way to interpret them...