miketranz
978 posts
msg #132665
- Ignore miketranz |
11/21/2016 5:47:36 PM
Pthomas,thank you for the info.Here's another question.The long/vix trade signal that was just triggered,even though the market goes against you right from the open,according to the system,should you still be in the trade at close? Or should you even have entered in the first place? I probably would have taken the trade if I saw anything resembling green.I'm using TVIX as a vehicle.Thanks,Miketranz..
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pthomas215
1,251 posts
msg #132666
- Ignore pthomas215 |
11/21/2016 5:53:45 PM
I think in general trading and pair trading..any trading...you are going to have to become accustomed to eating consolidation for awhile. Im still learning how to be patient. but it is confidence in the trade. it all boils down to how confident you are in the trade.Put in stops...stop out at a maximum of 2% of your portfolio. that is the general rule.
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shillllihs
6,101 posts
msg #132668
- Ignore shillllihs |
11/21/2016 6:28:37 PM
With loss after loss in these 2 systems,
where has your leader gone?
Abandon ship.
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miketranz
978 posts
msg #132669
- Ignore miketranz |
11/21/2016 7:49:24 PM
The reason I'm still here is because I have 20+ years of trading patience.Trading's a numbers game,not a guessing game.Any system that can deliver close to 90% win ratio,I'll trade it,and yes there's going to be some losses,but do the math,it's part of the game.The bottom line is systems trading must be followed to a tee,otherwise you'll never attain the percentages.Great work Kevin....
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tennisplayer2
210 posts
msg #132670
- Ignore tennisplayer2 |
11/21/2016 7:55:38 PM
Shillllihs, I don't know what you are talking about. This is a great system (I am up quite a bit on this system), very thankful for Kevin. Shillllihs, I usually don't read your posts.
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ferndave
65 posts
msg #132672
- Ignore ferndave |
11/21/2016 8:35:17 PM
jackmack: I think what he means is that you divide your funds into five slices. Kevin's backtests show that it is rare for more than 5 triggers to be active at a time, so using more than 5 slices leaves too much money on the sidelines.
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shillllihs
6,101 posts
msg #132673
- Ignore shillllihs |
11/21/2016 9:22:24 PM
Since you use units & cant find any vehicle to track this right, system is good for about 20%
which is just ok.
When I asked what exit should be for the 3X short filter, I was told next morning(a loss) but he claimed he held longer for a win.
Both systems have been shalacked & I feel his presence & credibility has tanked.
This filter looks great on the surface & I wish it was but backwardation & no proper way to
win large long term & all the flaws with SS. leave this obsolete.
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Kevin_in_GA
4,599 posts
msg #132675
- Ignore Kevin_in_GA |
11/21/2016 10:19:41 PM
Jeez - can't a guy go on vacation for a week?
As I told everyone at the end of October, I will no longer be providing nightly updates on this as of 1 Nov since everyone has both the SF versions and ALL of the SS code to do it themselves. At that time the system was 20 for 22 wins. I really don't see where you are coming from with your comments.
As to the 3x shorting filter, please review what I have posted. Every trade is recorded. It is exactly this type of behavior that prompted me to make my recent threads read-only.
You must be running out of things to brag about.
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jackmack
334 posts
msg #132676
- Ignore jackmack |
11/21/2016 10:21:09 PM
shillllihs - not sure what you are talking about - did you not review the trade log Kevin kept everyone updated daily on from the start through his call to stop updating the log posted 11/1?
How bad is that?
Where are you getting your "good for @ 20%" from?
Sorry I just don't follow what you are referring to and if memory serves me correctly Kevin is on vacation.
Nameste
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Kevin_in_GA
4,599 posts
msg #132677
- Ignore Kevin_in_GA |
11/21/2016 10:22:57 PM
When I asked what exit should be for the 3X short filter, I was told next morning(a loss) but he claimed he held longer for a win.
To clarify - the 3x ETF shorting filters I use each have their own exit signal. None are held only for one day (that was a different system that I fully posted back in August). Please read what I post before assuming anything. It will save both of us time and keep things civil.
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