Thank you very much, old_dog. It is nice to start with a positive feedback! I really appreciate it. Ah, reminiscence of the ancient investment world. All different these days....or is it? I guess I am an old dog too. Let's see if this will be just ...

The "You can't be serious" system

Let’s see some examples. In the spirit of transparency, I picked different instruments, at random time frames on the day I was writing this, 3rd of May 2021. If I had to sell this “system” these are the examples I would chose (a tried and tested ...

The "You can't be serious" system

The YCBS system So, we start from a naked chart. Apologies to the more experience traders (no doubt they will have better things to do.) This part is addressed to new, or lost or extremely curious traders. If you have no clue of what you are looking ...

The "You can't be serious" system

Some basic principles I know you can't wait for the system revelation, but you should really go through some basic principles before. I won’t talk about how to build a systematic model or algos. If you want to know more about what I think of these ...

The "You can't be serious" system

Transparency, disclosure, admission, confession (this will certainly back-fire) Another thing many people in forums seem to be curious of is "why do you do it?" Very healthy scepticism, in my opinion. But I can't really answer it myself. I am not ...

The "You can't be serious" system

Hi. Long time. Not dead yet. Here is an example of the dilemma: totally automated – semi automated systems. Here is an edited excerpt from the analysis of one my systems for the month of February. When I talk of filters I mean additional rules on ...

The automated vs. mechanical vs. discretionary trading debate

Hi Nivad I totally agree with you that money and risk management are vital. Too many people focus on entry alone. Glad you found your way with a system you like. Thanks for the advice, but I am not affected in the slightest by this or any other ...

The automated vs. mechanical vs. discretionary trading debate

Well, it did not take long for this thread to become moribund. Was it something I said? I reckon this is not exactly exciting stuff. Still, I would like to try to re-invigorate it (yes, I do not really have much of a life these days!) I will ...

The automated vs. mechanical vs. discretionary trading debate

@simnz Thanks for your comment. Actually, one of the reasons that made me decide to make this experiment was also to exercise my behavioural and patience skills (not my forte) or co-existence, as you put it. What my motives really are I am not sure, ...

The automated vs. mechanical vs. discretionary trading debate

Hi Rafaz1, thanks. I have no idea where we will end up (it's an experiment, remember?) but agreeing to disagree and putting forward other views is good progress I guess. I am not going to talk about my systems here. Can you imagine what chaos that ...

The automated vs. mechanical vs. discretionary trading debate

Wow! I sense a lot of anger and frustration. A lot of negativity, there! Relax, man! we are having a chat after trading ends. So, you have found something that works for you (algo?) and something that doesn't ...

The automated vs. mechanical vs. discretionary trading debate

You do not save many types of traders there. And some of them are not even traders! I wonder in what category I would be boxed in, or you! I do agree though: the more there are different ...

The automated vs. mechanical vs. discretionary trading debate

@tommydoginti Thanks for your comments. Interesting how you started from stats and IT and developed to incorporate market knowledge. My journey is a bit of the opposite, in a way. I do not think any strategy is “stupid” just because is simple. I ...

The automated vs. mechanical vs. discretionary trading debate

Let me explain. When I say I need to understand why it is happening, I do not mean I need to know why the Dollar is going up or Yen drops every single time. I am not concerned at all. What I need is to know that there is some strong basis on the ...

The automated vs. mechanical vs. discretionary trading debate

I know exactly what you mean! It happened to me many times! One of the reasons for my interest for automation...just saying!

Roadmap - A Way To Read Markets

Hi LauraUK Great name indeed, but now we may have some confusion! LauraT, I hope you do not mind me intruding here (please just let me know.) I have some comments on LauraUK trading plan, if I may. First of all, well done. Preparing a ...

Roadmap - A Way To Read Markets

I am not sure I follow your analogy. Anyway, it seems to me your view is that there is always going to be mean reversion. Mean reversion is a pattern of sort. I guess you are saying that if you find a way to harness that pattern in a statistical ...

The automated vs. mechanical vs. discretionary trading debate

Ryuryu Thanks. Interesting comments. It is stupid to trade manually in 21st century and hope to beat algos. Agree if your game is to compete with algos at their own game. This is not always the case though. Also algo must do only the things human ...

The automated vs. mechanical vs. discretionary trading debate

I see that Forum police was quick to move my thread in the “trading discussion” category from the “trading systems” one. I would argue that this is very much a trading systems topic, especially if I will start using some examples from actual ...

The automated vs. mechanical vs. discretionary trading debate