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Different approaches to trading?

  • #1
  • First Post: Aug 8, 2012 2:56pm Aug 8, 2012 2:56pm
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.
  • #2
  • Aug 8, 2012 2:59pm Aug 8, 2012 2:59pm
Martingale isn't different. Martingale is trying to get a positive expectancy out of a negative one by just using money management. Sorry, it is not possible. Not in theory, not in practice.

What is non-directional trading by the way?

Best regards,
Barbossa
  • #3
  • Aug 8, 2012 2:59pm Aug 8, 2012 2:59pm
Quoting future
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.
I've been trying to find a way to make money trading randomly.
Any ideas?
Just pick a price and go long or short at random using maybe 1:3 risk/reward ratio.
  • #4
  • Aug 8, 2012 3:34pm Aug 8, 2012 3:34pm
Quoting Barbossa
Martingale isn't different. Martingale is trying to get a positive expectancy out of a negative one by just using money management. Sorry, it is not possible. Not in theory, not in practice.

What is non-directional trading by the way?

Best regards,
Barbossa
This is description of every trading system. Martingale is different, is it good or bad strategy is different question.
  • #5
  • Aug 8, 2012 3:34pm Aug 8, 2012 3:34pm
Quoting future
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.


There is term to describe that " DIFFERENT " way of trading ..
Its call " Gambling ".
  • #6
  • Aug 8, 2012 3:38pm Aug 8, 2012 3:38pm
Quoting ronaleo10
There is term to describe that " DIFFERENT " way of trading ..
Its call " Gambling ".
Ok, please share with us few "gambling" strategies for financial markets!
  • #7
  • Aug 8, 2012 3:43pm Aug 8, 2012 3:43pm
it use non directional strategy ,,depends on martingale..


Than you can also use Reverse martingale, Six point divisor money management...

Inserted Video
  • #8
  • Aug 8, 2012 4:15pm Aug 8, 2012 4:15pm
If you want to learn about right type of martingale, check out FTI's thread, technical analysis fallacy
If you want to learn about non-directional trading lookup dirtybrown's threads on hedging, and statarb
if you want IMO best indicator strategy, the genesis matrix is the best (IMO)
Too close for pips, switching to points.
  • #9
  • Aug 8, 2012 4:48pm Aug 8, 2012 4:48pm
Quoting future
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.
A good alternative to martingale is to simply write out a check and send it to your broker every month. If you want to be aggressive, send him one every week or every day.

That way you don't have to spend time in front of your computer.
  • #10
  • Aug 8, 2012 5:16pm Aug 8, 2012 5:16pm
Quoting billbss
A good alternative to martingale is to simply write out a check and send it to your broker every month. If you want to be aggressive, send him one every week or every day.

That way you don't have to spend time in front of your computer.
That is good alternative for every strategy, but this is not the point of this topic. Please don't post here if you don't have anything constructive to say.
  • #11
  • Aug 9, 2012 12:44am Aug 9, 2012 12:44am
Different approach:

Trade small, no stops, manage winners, manage losers.
  • #12
  • Aug 9, 2012 1:05am Aug 9, 2012 1:05am
Quoting future
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.
I follow my "hunch" that has been the best entry sign so far...
  • #13
  • Aug 9, 2012 1:43am Aug 9, 2012 1:43am
1. treat your live account like your demo

2. take trades you have a good hunch about.

3. if it turns out to be a winner, hold on for as long as you can, preferably though, go watch a movie, go for a run or take the kids to the park....

http://traderspodcast.com/?powerpress_pinw=330-podcast
tradewith60
  • #14
  • Aug 9, 2012 1:54am Aug 9, 2012 1:54am
How about mathematical trading? Say your trade direction is based on the percentage that the previous bar(s) has moved. No indicators needed just OHLC.

Something I have been playing with, just can't get it to work yet
  • #15
  • Aug 9, 2012 3:28am Aug 9, 2012 3:28am
Directional trading boils down to supply and demand imbalances, so the question you have to ask yourself is how to track/identify that.
  • #16
  • Aug 9, 2012 9:19am Aug 9, 2012 9:19am
Don't mix martingale in, it's more like money management than a trading approach. Good or bad, it tries to take advantage of streaks. Nothing more, nothing less.

Let's see some interesting approaches ... triangular arbitrage maybe? google it Or news trading? But you don't have to go far for different ideas, find the Daily95pips system here ... limit orders based on daily Hi/Lo levels, if I remember well ...
Quoting future
99% of systems here goes like this: XYZ indicator line crossed something so you should buy/sell.

Lets discus here some different approaches to trading, for instance trading on fundamentals is different, martingale is different, non directional trading is different.

Please if you know some other "different" way of trading describe it here.
forget about tomorrow, just steal away into the night
  • #17
  • Aug 9, 2012 12:51pm Aug 9, 2012 12:51pm
Quoting billbss
A good alternative to martingale is to simply write out a check and send it to your broker every month. If you want to be aggressive, send him one every week or every day.

That way you don't have to spend time in front of your computer.
  • #18
  • Aug 9, 2012 12:53pm Aug 9, 2012 12:53pm
It seems like triangular arbitrage and news trading are dominated by algorithmic traders these days. The opportunity horizon to get favorable pricing for those opportunities doesn't seem to be available to retail traders. Just my 2 cents on that.
  • #19
  • Aug 9, 2012 2:01pm Aug 9, 2012 2:01pm
Quoting atlinvestor
It seems like triangular arbitrage and news trading are dominated by algorithmic traders these days. The opportunity horizon to get favorable pricing for those opportunities doesn't seem to be available to retail traders. Just my 2 cents on that.
I use triangular arbitrage on news. of course not manual, because it need fast calculation and fast execution. targeting spread range, just like scalping for a good reason. :-)
Keep your hands up, and use your pant! - FxMatics
  • #20
  • Aug 9, 2012 2:38pm Aug 9, 2012 2:38pm
future

A holy grail quest is the last thing you want to be undertaking,believe me.When i say keep it simple i am talking about your entry,exit,stoploss,mm,etc,etc.Imo that is not the hardest part of your future trading endeavours.Your trading approach should be as simple as possible,trust me.When you have built your own profitable,tested system then the fun begins,risking your hard earned cash!Good luck!
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