Truly Mechanical System

[biyasc]

Strong words for someone with who is only here to 'read'.... you have anything to share about trading systems? And what has L&T got to do with anything?? And black boxes need not only be predictive, they can also be reactive...

Most importantly, people 'come' to this forum, not 'cum' to this forum.

naughty man,

 

[crystalmoon]

even if the moderator wud give his darling trading system in this site i am sure most of the people wud try to analyse it again & twist it & 90% of the people wud not use it to its fullest potential.it is only the master who can take full advantage of the system which he has made.so to me it hardly matters whether any1 reveals his truly traded secrets or not.

i am not pissed off if any1 has not revealed his system.nor do i want him or her to reveal the trading secrets.& seriously thinking,i laugh at the idea of "secret trading methodology".bcos the person thinks tht the opposite person will be making more money than him..sumthing which reminds me when i was in the kindergarden school & we used to fight over who will sit in the 1st bench bocos we thought sitting in the 1st bench will help us to secure good marks.hahahahaha...

do not agreee with the moderator over point no -3
the last point yes whole heartedly agree..why not a ferrari...but canu tell me any1 who has done it by trading alone & not by any insider info.
how many traders have actually turned over rs 1000 into a crore in a very short span of time ony by trading...i wud like to know of one & hats off to tht man.
last but not the least, my words not meant to hurt any1 in particular.i wish people wud stop boasting tht i have a trading system of my own & its very gud..i think we all now that every1 follows sum trading system or another.&& if any1 wants to keep the system " secretive" pls do so.

 

[crystalmoon]

mr ivan,
sorry for my spelling mistakes.
l & t suffered losses in commodity hedging..pls correct me if im wrong
dynamic trend profile - the latest black box from metastock has got 60 - 70% success rate tht too in trending markets.thts wht the metastock guy told me.cost is rs 1 lac per year.is it worth it????
abt me sharing trading systems - -i dont have the knowledge to do it.u have to ask sum of our gr8 moderators.i try to follow the simple vol,macd,rsi,candles,price & stuff like tht.
every person has got fixed expenditure per year..if he or she is able to extract it out from the stock markets i shud say he is a successful trader.anythign more is an added bonus..thts how i feel..

 

[ivanboesky]

Did a 'black box' or 'mechanical trading system' result in L&T's commodity hedging losses? I would hardly think so. Not Bear Stearns either. Would have been okay if you had cited LTCM though.

 

[CreditViolet]

even if the moderator wud give his darling trading system in this site i am sure most of the people wud try to analyse it again & twist it & 90% of the people wud not use it to its fullest potential.it is only the master who can take full advantage of the system which he has made.so to me it hardly matters whether any1 reveals his truly traded secrets or not.

i am not pissed off if any1 has not revealed his system.nor do i want him or her to reveal the trading secrets.& seriously thinking,i laugh at the idea of "secret trading methodology".bcos the person thinks tht the opposite person will be making more money than him..sumthing which reminds me when i was in the kindergarden school & we used to fight over who will sit in the 1st bench bocos we thought sitting in the 1st bench will help us to secure good marks.hahahahaha...

So there are no secrets to trading? Why do hedge funds make their employees sign NDAs then? Many closed funds do not even reveal their performance stats. You think what Cohen, Simmons, Bacon and Crabel do Triple Screen Trading or some Triple Espresso Moving Average Crossovers?

do not agreee with the moderator over point no -3

So mechanical systems do not require any brains to develop? They are self-propogating? Why haven't you designed a few then?

the last point yes whole heartedly agree..why not a ferrari...but canu tell me any1 who has done it by trading alone & not by any insider info.
how many traders have actually turned over rs 1000 into a crore in a very short span of time ony by trading...i wud like to know of one & hats off to tht man.
last but not the least, my words not meant to hurt any1 in particular.i wish people wud stop boasting tht i have a trading system of my own & its very gud..i think we all now that every1 follows sum trading system or another.&& if any1 wants to keep the system " secretive" pls do so.

Maybe thats your fantasy.Sitting on a saturday after the work-week fretting about traders making money the easy way but may for some people trading isnt about making obscene amount of money, it may perhaps be a way to make a decent living.

And its hard to see you complaining about selfishnes with 5 posts, you claim to have read many TA articles here and havent thanked anybody once. Infact even if someone posted a profitable system you would just quietly copy paste into your notepad and dont even bother typing in the 'Thx'.

 

[beginner_av]

Nice to see CV react. At least get some good posts to read!
BTW crystalmoon whats your problem regarding others not talking about trading systems? To answer your question, if this mod above gives any system, I would use it as it is.
If you care to find out why a successful TS makes money, you'll realize why its not shared.

 

[beginner_av]

I have a trading system of my own & its very good.

 

[beginner_av]

i laugh at the idea of "secret trading methodology".bcos the person thinks tht the opposite person will be making more money than him..sumthing which reminds me when i was in the kindergarden school & we used to fight over who will sit in the 1st bench bocos we thought sitting in the 1st bench will help us to secure good marks.hahahahaha...

i laugh even more at this idea, cos thats not why a system is not revealed.

di wish people wud stop boasting tht i have a trading system of my own & its very gud..i think we all now that every1 follows sum trading system or another.&& if any1 wants to keep the system " secretive" pls do so.

Who gave you this idea that everyone follows. you can send a complaint to traderji that whenever someone boasts of a trading system or complains about a trading ssystem, he must provide detailed write up as to whether he understands what a Trading System is. (actually i was going to write "post must be accompanied with perf stats", but in this thread thats irrelevant. anyway the only perf stats have come from a handful of senior members including the mods that you have mentioned)

 

[uasish]

mr ivan,
sorry for my spelling mistakes.
l & t suffered losses in commodity hedging..pls correct me if im wrong
dynamic trend profile - the latest black box from metastock has got 60 - 70% success rate tht too in trending markets.thts wht the metastock guy told me.cost is rs 1 lac per year.is it worth it????
abt me sharing trading systems - -i dont have the knowledge to do it.u have to ask sum of our gr8 moderators.i try to follow the simple vol,macd,rsi,candles,price & stuff like tht.
every person has got fixed expenditure per year..if he or she is able to extract it out from the stock markets i shud say he is a successful trader.anythign more is an added bonus..thts how i feel..

These canned stuffs are not effective.

Regarding your feeling towards Systems:=

I can emotise with your feeling.
Suppose for a while we are traders,trading the Mkt everyday for our Livlihood.So we must have some kind of Entry,it can be a simple MA or a MACD /RSI / Pivot,whatever it may be,a way we are comfortable or acclamatised with.
Can we ever Dream of making an Entry without a tool,no we cant.
After an Entry we have to determine a Stop & an Exit.
Tell me who amongst us has not thought & banged our head about cutting a position early or late,becoz
of emotion acting as a hindrance,all of the traders including greatest of gr8's under the Sun has banged
their head.
So to overcome this emotional hindrance we design a thing,basing on my everyday entry method,an Entry
a stop & an Exit,then it becomes Mechanical.
I think nobody amongst us can disagree to have my own methods as a system devoid of emotion.
Think in this fashion,it is easier than high flying fundas.
Plz remember one who is not a good trader can not ever make a good system .
Exotic algorithms / phd in Maths / all invain until one understands the nuances of Mkt.
One who has read 1000 gr8 book but an average trader is not neccasarily be more capable to make a better
system than a good trader who has read only 5 books,no he/she cant he/she can get kiddos from us but they
can not as simple as that.Those who has not understood the basics in simple format always attach an
hi-fi Air some type of unreachable thing,let us ignore those things & always try to get to the root,
conceptual part,then we will be able to filter unwanted LOUD things.

I am not in sync with you regarding the Car's make there i would prefer Jesse's make.

 

[biyasc]

These canned stuffs are not effective.

Regarding your feeling towards Systems:=

I can emotise with your feeling.
Suppose for a while we are traders,trading the Mkt everyday for our Livlihood.So we must have some kind of Entry,it can be a simple MA or a MACD /RSI / Pivot,whatever it may be,a way we are comfortable or acclamatised with.
Can we ever Dream of making an Entry without a tool,no we cant.
After an Entry we have to determine a Stop & an Exit.
Tell me who amongst us has not thought & banged our head about cutting a position early or late,becoz
of emotion acting as a hindrance,all of the traders including greatest of gr8's under the Sun has banged
their head.
So to overcome this emotional hindrance we design a thing,basing on my everyday entry method,an Entry
a stop & an Exit,then it becomes Mechanical.
I think nobody amongst us can disagree to have my own methods as a system devoid of emotion.
Think in this fashion,it is easier than high flying fundas.
Plz remember one who is not a good trader can not ever make a good system .
Exotic algorithms / phd in Maths / all invain until one understands the nuances of Mkt.
One who has read 1000 gr8 book but an average trader is not neccasarily be more capable to make a better
system than a good trader who has read only 5 books,no he/she cant he/she can get kiddos from us but they
can not as simple as that.Those who has not understood the basics in simple format always attach an
hi-fi Air some type of unreachable thing,let us ignore those things & always try to get to the root,
conceptual part,then we will be able to filter unwanted LOUD things.

I am not in sync with you regarding the Car's make there i would prefer Jesse's make.

an another gr8 post by u. looking for more.