Leave your rigid trading systems behind........

CalvinLe55

Member
51 0
He didn't ever give away his trade secrets, because he devoted much time and money into them. I don't think Apple would come up with a new product, and tell Samsung what they're going to do in advance. Would a company release earnings reports to investors, or leak any secrets out in advance to anyone. What is Gann doing providing a newsletter service, and selling books anyways in the first place. This was a man who already accomplish his trading, so he was a man who treasure knowledge and guarded it. Perhaps he just wanted traders to learn a thing or two, and because he belong in the world of trading for years. He never wrote book until he reach his 40's, so this is to say he have master his trading in his 20's and 30's. I know this is possible for the fact that I have discover a Master Time Factor all unique like Gann.
 

CalvinLe55

Member
51 0
12/11/2012 Hi - 12/17/2012 Lo, watch out for these dates, and if you like I am into options. I provide my clients will the same infomation, but I let you have this free infomation this time around. I am just like Gann trading and looking to help fellow traders a like. Review this infomation and look back to them, and see if they're the 99.9% exact dates that change on the trend. This means today you would expect the market to decline. Once you know harmonic analysis works, than you'll know that this is natures way. CL
 

Shakone

Senior member
2,458 665
12/11/2012 Hi - 12/17/2012 Lo, watch out for these dates, and if you like I am into options. I provide my clients will the same infomation, but I let you have this free infomation this time around. I am just like Gann trading and looking to help fellow traders a like. Review this infomation and look back to them, and see if they're the 99.9% exact dates that change on the trend. This means today you would expect the market to decline. Once you know harmonic analysis works, than you'll know that this is natures way. CL

Which market is that then?
 

15 min tlb

Senior member
2,057 98
Re: Is a rigid specific trading system the right answer?

No disrespect here meant for your systems trader that use specific rules upon entry and exit but i just do not understand logically how you can ever nail down a system 100% with specific rules?

If this was the case you could then automate it and make a fortune? But logically there is no such thing as a really profitable automated system, is there?

So, the way i see it and always have is that trading with entry and exit points is always a dynamic risk assessment based on all the information that is being absorbed right at that moment from a multitude of places such as technical analysis, news, correlation to other market movement, S/R, recognised patterns, individual statistical analysis etc etc

From years of watching the markets, its movement, correlation etc then your brain can make those decisions that a system could never as would be far too restrictive?

What i am trying to say is that anyone can follow a specific system, specific rules, but the goal should be to be able to dynamically adjust your trading each time based around the behaviour of the markets at that given time and all the information available to you to make that split second decision?

That means a hell of a lot of screen time, the ability to absorb a lot of information and to think outside the box as in what it means at any given moment? I know i am being a bit vague here but that to me is real trading and the ultimate goal in this business? and there is no short cut to getting to that stage, just time and ability.

Bxxocks

If you have a good well defined system , with all variables predefined , it will work consistently.Most here are not capable or knowledgeable enough or experienced to write these types of systems.

Try this trend entrancement strategy , it works for me consistently using a slight variation.

http://www.trade2win.com/boards/forex/162600-box-breakout-pro-scalping.html#post2025236
 

NVP

Legendary member
37,768 2,101
Re: Is a rigid specific trading system the right answer?

No disrespect here meant for your systems trader that use specific rules upon entry and exit but i just do not understand logically how you can ever nail down a system 100% with specific rules?

If this was the case you could then automate it and make a fortune? But logically there is no such thing as a really profitable automated system, is there?

So, the way i see it and always have is that trading with entry and exit points is always a dynamic risk assessment based on all the information that is being absorbed right at that moment from a multitude of places such as technical analysis, news, correlation to other market movement, S/R, recognised patterns, individual statistical analysis etc etc

From years of watching the markets, its movement, correlation etc then your brain can make those decisions that a system could never as would be far too restrictive?

What i am trying to say is that anyone can follow a specific system, specific rules, but the goal should be to be able to dynamically adjust your trading each time based around the behaviour of the markets at that given time and all the information available to you to make that split second decision?

That means a hell of a lot of screen time, the ability to absorb a lot of information and to think outside the box as in what it means at any given moment? I know i am being a bit vague here but that to me is real trading and the ultimate goal in this business? and there is no short cut to getting to that stage, just time and ability.

good post......youve nailed the message most people dont get until way down the line .....its a dynamic system and not closed (like programming chess and most sports forecasting)

and always space for some human sixth sence as well........thats what makes a good trader a great one...

N:smart:
 
 
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