Skip to main content

Curious case of my trading template

In 2002, when I started traing the markets I had developed two-three templates which gave me very high success rates [>80%].

From 2002 to present, I have studied a lot - a lot - and have used various techniques including Elliot & Gann in my trading and reports. [With not as high success rate, but then I was still learning]

But now, as I try and refine my trading systme and turn it into a mechanical trading system, my template is starting to look more like what it did in 2002!

I am very surprised, totally aghast. I have done nothing new! All my interim efforts were just not required?!

Becoz all these studies have not ADDED anything but are just SUBSTANTIATING what I perhaps always knew. Of course, there are new tricks and tweaks in the bag, but I am amazed at how the template which were consisted nothing more than few indicators (cleverly used, if I may say) is more robust than many exotic theories I have used there.

More I am trying to refine the methods, more I am moving towards '2002' template. '2002' had Bolingers, MAs, MACD, RSI, PSAR and ROC.

Comments

Popular posts from this blog

How-to overcome sendentary lifestyle.

Some interesting points on overcoming sedentary lifestyle. There are many other routine ones, just try googling that. 1. Some not so routine tips on avoiding the sedentary lifestyle 2. Walking while talking on phone is a good way to get expressive and burn calories too. 3. Don't use the phone to call someone a short walking distance away. Walk and visit whenever possible. Same for grocery shopping. 4. Catch a different bus that makes you walk a bit more. You can catch a bus from a different stop, a little farther from your regular stop. 5. Pacing the length of the subway platform whenever the train/bus is late. 6. Dance Source: from various places on net

Net Neutrality - Fight for free expression

The "Net neutrality" issue, where we fear networks/infrastructure providers will decide (euphemism for censorship) what customers will read/watch/listen/buy on net. Many of the features that we fear in the "Net-neutrality" have already been implemented across various other platforms like telecom. For example, my telecom service provider has blocked the competitors GPRS sites and also does not allow access to many other sites on Internet, from where the free goodies like mobile applications, software, games, wallpapers, tones etc can be downloaded. This leaves me with the only service provider for above products, the service provider himself. This is totally blocking my freedom and my right to choose. This is just a glimpse; with "Net-neutrality" issues at stake are enormous. There should be no way; any entity (maybe, other than individual governments.) should be able to determine what is accessible and what is not. :) Falkor

Definition of Cult Stocks

From a blog: A classification describing stocks that have a sizable investor following, despite the fact that the underlying company has somewhat insignificant fundamentals. Typically, investors are initially attracted to the company's potential and accumulate positions in speculation that its potential will be fulfilled, providing the investors with a substantial payout. While most of these cult stocks promise they will be the next big story after they make a new discovery or get the newest contract from the government, most do not provide investors with anything other than the story. Furthermore, these stocks typically generate very little, if any, revenue at all. For example, many micro-cap biotech stocks are cult stocks. While they promise that they are going to be working on a miracle compound or drug, most of them do not have any source of income as they slowly burn away their initial capital in research and development. However, some cult stocks do occasionally make good on...