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maxss280 Jan 23, 2009 9:12pm | Post# 1

Whats the Fuss!
 
Hi everyone I have looked at a lot of different systems and they all seem to work for awhile and then quit. I have wrote all different kinds of EAs for different systems. Many of which made me pull my hair out.

The sad part is that I have been having just as much profit if not more trading the trend and support resistence breakout. Nothing spectacular just simple break of support or resistence. Or a simple pull back of the trend.

I usually trade these methods on any timeframe a hour or greater with a wide stop loss off 200 - 600 and a narrow TP of 30-100.

Is this what generally happens? I am tired of fighting with indicators and difficult stratgies when I achieve better results from trading these simple ones.

Craig Jan 23, 2009 10:38pm | Post# 2

Problem is, just like your EAs, sometimes it works and sometimes it don't. People have a winning streak and post similar things to what you have (I've done it myself), funny thing is we never hear about how the new Ferrari drives, which you would think a natural consequence of trading being so easy.

LongToBeFree Jan 23, 2009 10:54pm | Post# 3

I had the same experience. Whenever someone posted the latest "hot" new system, I would create an EA to model it only to see it crash & burn during my testing. Since then, I've done a lot of reading and have come to realize that profitable trading is actually quite boring. See the trend, enter the trend, ride the trend - that's it.

opie999 Jan 23, 2009 11:33pm | Post# 4

...funny thing is we never hear about how the new Ferrari drives, which you would think a natural consequence of trading being so easy.
Point taken. However maxss has discovered simplicity works better for him than complexity...concepts often used interchangeably (and usually mistakenly) with ease vs difficulty. IOW, as you already know Craig, trading can be simple but it's rarely easy.


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