Anyone know of this service- newfuturestrading.com | Trading Reviews and Vendors


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Anyone know of this service- newfuturestrading.com

  #30 (permalink)

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nverstop View Post
I guess I'm referring more to the case where a trader comes up with a "system" and starts to trade it lets say the system is some combination of oscillators, MAs etc for entries and exits. The system might have shit expectancy but the trader is just told to stick with it and be disciplined. When in fact none of these things will do anything for him. Because the system itself is shit.
“Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible

I see your point, though I would point out that while those tools and rules associated with them aren't for me (MA crossovers, oscillators, etc.), that you're pretty much lumping all indicators into a "these don't work" category. In my mind and heart, I believe no such system exists, particularly a black box, that will profit in the long run (say, longer than a few years), due to changing market conditions, which is why I have spent 90% of my time focusing on price and volume related trading. However, as you said, the trader can possibly take such a mechanical setup and tweak it to make it work for him.

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