[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: My experience of trading



PureBytes Links

Trading Reference Links

Think we've been spammed.

----- Original Message -----
From: "frode aschim" <gruppemail@xxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Cc: "Omega-List (E-mail)" <Omega-List@xxxxxxxxxx>
Sent: Thursday, January 24, 2002 5:04 PM
Subject: My experience of trading


> Hi Omega guys / friends.
> I was asked by someone what was my experience in system development and I
> wrote whats written below. Afterwards I thought "This was pretty much what
I
> have learned over the past 9 years, I'll share it" - and so that's what I
am
> doing. :)
>
> My experience is the following:
>
> 1. Make your own systems.
> 2. Make your own systems.
> 3. Make your own systems.
> 4. Use stop order for entry and exit (that works at least best for me)
> 5. Have high percentage of winners, that is good psychologically.
> 6. Higher sharperatio than 1.5, Profitfactor over 1.5
> 7. Many trades is good - doesn't keep you bored.
> 8. If the system work for a category, (like for example the energies) it's
> something
> worth looking in to.
> 9. Use original methods of price analysis (For example - analyse the Range
> as much as price and do not use several indicators that basically are the
> same derivation of price)
> 10. Love your job. If you don't enjoy system development and trading,
that's
> fine, but don't expect to trade well.
>
> Happy trading year in 2002 to you all.
>
> frode
> www.futuressystems.net
>
>
>
>