Trading systems

Discussion in 'Trading' started by RunTrade, Dec 22, 2005.

How should THE RULES be defined

  1. K.I.S.S.

    4 vote(s)
  2. detailed and narrow

    0 vote(s)
  1. 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.

  2. Josh009


    RULES should be simple.... but like everything else, someone will find a complex way to interpret them...