Thread: An Edge for an Edge (System Development)

Originally Posted by ;

another old idea, the 1-2-3 pattern trading universe and principles: short and long commodities, short and long currencies, short and long stock indicies, long just in stocks specify long-term trend using ema200 on daily charts, following long term trend characterized go to lower timeframes (1h and below) buy in uptrend and sell in downtrend take just setups which are formed intra-day (in the open of the trading day into the close of the day) if the patter is construct betewn 2 days ignore the installation. This rule can help to avoid overtrading (there are less setups)...

actually here's the 123 at end of down trend wait for it to split then take pullback at stage 3 where demand formed its easier to buy low and sell high

Originally Posted by ;

quote really here is your 123 at end of downward trend wait for it to split then take pullback at stage 3 where demand formed its better to buy low and sell high picture

yes, it is there but in the principles I posted you open transactions only if the sign was generated in current trading sesion.
Same rule may be aplied for money managemnt, for example:
assuming your trading system/egy includes a pyramiding concept incorporated (incorporating place per warrior trading principles using atr) the problem with this mm plan is that it may open 3 or 5 positions in the exact same day and also it can close all them in the exact same day at loss.
So beter entry only one transaction Every Day

Originally Posted by ;

quote really here is your 123 at end of downward trend wait for it to split then take pullback at stage 3 where demand formed its better to buy low and sell high picture

yes, it is there but in the principles I posted you open transactions only if the sign was generated in current trading sesion.
Same rule may be aplied for money managemnt, for example:
assuming your trading system/egy includes a pyramiding concept incorporated (incorporating place per warrior trading principles using atr) the problem with this mm plan is that it may open 3 or 5 positions in the exact same day and also it can close all them in the exact same day at loss.
So beter entry only one transaction Every Day

santa clasu rally - not an advantage, just a market behavior that repeated itself for several decades (I;m convinced that somebody that has realy a passion for trading could develope an edge for him) actually some trading systems/egies are utilizing seasonal pattern to generate trading signals
a santa claus rally is a surge in the price of shares which frequently occurs from the last week of december throughout the first two trading days in january.

santa clasu rally - not an advantage, just a market behavior that repeated itself for several decades (I;m convinced that somebody that has realy a passion for trading could develope an edge for him) actually some trading systems/egies are utilizing seasonal pattern to generate trading signals
a santa claus rally is a surge in the price of shares which frequently occurs from the last week of december throughout the first two trading days in january.