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Best Intraday Trading System

  • #1
  • First Post: Jun 28, 2006 3:42pm Jun 28, 2006 3:42pm
I have read about 6-8 systems people use on this board and have tried some of them out. Which one is the best in your opinions for intraday traders? Which one has the highest success rate?
  • #2
  • Jun 28, 2006 5:07pm Jun 28, 2006 5:07pm
What systems were you looking at?
  • #3
  • Jun 28, 2006 5:32pm Jun 28, 2006 5:32pm
Basically the Vegas systems and the other systems that have developed based on the Vegas, also started looking at the Sidus system.
  • #4
  • Jun 28, 2006 9:37pm Jun 28, 2006 9:37pm
Quoting migamb
I have read about 6-8 systems people use on this board and have tried some of them out. Which one is the best in your opinions for intraday traders? Which one has the highest success rate?
Hi Mig,

The best system is the one that fits in your head. Let's say you have two good systems and two good traders. Give a system to each trader and let them go at it for a few dozen trades. Then have the two traders swap systems and trade again for a few dozen more trades. It is assured that each trader will do better with one system and worse with the other.

Did the systems change? No
Did the traders change? No

So what DID change? The pairing of trader and system is what made the difference.

Therefore, you are asking questions that no one can answer but yourself, and you must answer those questions by actually trading the systems you've been looking at to find the one that fits inside your head and gives you the best results.

Hope that helps.

Dial
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  • #5
  • Jun 28, 2006 10:30pm Jun 28, 2006 10:30pm
Yes!

Choose a system that suits YOU and not one that demands you fit it. Find one that you can grow with, and that doesn't fail you as you are learning.

Quoting diallist
Hi Mig,

The best system is the one that fits in your head. Let's say you have two good systems and two good traders. Give a system to each trader and let them go at it for a few dozen trades. Then have the two traders swap systems and trade again for a few dozen more trades. It is assured that each trader will do better with one system and worse with the other.

Did the systems change? No
Did the traders change? No

So what DID change? The pairing of trader and system is what made the difference.

Therefore, you are asking questions that no one can answer but yourself, and you must answer those questions by actually trading the systems you've been looking at to find the one that fits inside your head and gives you the best results.

Hope that helps.

Dial
The framework is there; we just have to work on our frame of mind.
  • #6
  • Last Post: Jul 27, 2007 4:14am Jul 27, 2007 4:14am
Quoting migamb
I have read about 6-8 systems people use on this board and have tried some of them out. Which one is the best in your opinions for intraday traders? Which one has the highest success rate?
And what are those 6-8 systems,migamb?
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