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In a message dated 12/7/99 11:01:06 PM Eastern Standard Time,
tinyeung@xxxxxxxx writes:
<< Hi RTs,
Does any RT use more than 1 trading system? What would you do if
different systems come out with opposite forecasts?
Give you an example. March 2000 cotton. If you use MA cross over, you
still have short positions. If you use breakout rule, you probably have
gone short but got out today because you are afraid this thing is doing
a "false breakout". If you follow trends AND adopt "buy breaks, sell
rallies" axiom, then you are waiting for this rally to finish its surge
and go short again. If you like to pick the tops and the bottoms, now
it is the time to go long. If you use "Purple System" (An unorthodox
application of an ancient Chinese Astro. method), then cotton will shoot
up vertically and never look back. .......etc. There are hundreds of
systems that give you all different forecasts. No wonder is trading
difficult!
I think consciously and subconsciously, deep our mind, we must be at
peace with our methods. For example, Norman often gave us his Astro.
forecasts, which are often quite accurate. (In my opinion) However, I
simply could not bring myself to trade on Astrology because I studied
too much Physics and Math. in college.
However, I always love to see Norman's forecasts.
All the above are for general information only, not for trading
purpose.
Mervin
>>
hello
i use 4 different systems and have only 2 different accounts
when there is a conflict this is what i do
example
say aberration is on a buy and my system is on a sell for sp500
i will be long DEC contract and short march contract
i do take all signals. but waits until each has at least 3000 DD
(that is my entry point)
hope this helps
Ben
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