|
Yuki said>>A system
means (with very, very few exceptions) that there
are no "entry decisions" to
be made, once the system is developed and
tested (where the decisions are
made) and deemed worthy of going live.
=====================================
Yuki's comment above prompted me to see if a
definition exists for stock trading systems. I first checked an online
dictionary, and the most closely related definitions are >>2 : presented or formulated as a
coherent body of ideas or principles <systematic thought>
3
a : methodical in procedure or plan <a systematic
approach> <a systematic scholar> b : marked by
thoroughness and regularity <systematic efforts>.
which led me nowhere.
Since there appears to be no definition of system
trading, I will makeup my own definition.
To me, a true systematic trader would NEVER question the
symbol, or entry date that their system produced. It seems so me that
questioning the recommendation of your system indicates that you lack
confidence in your system.
Even if you execute a full 99% of your system's
recommendations, and avoid only 1%, you have forfeited the right to
say that you are using a trading system.
Since I can find no official definition of a trading
system, I hereby DECREE that you are allowed to state that you are a
systematic trader only when you enter EVERY one of your system's buy
signals. Since this is OT: any followup should possibly be
transferred to the trading systems YahooGroup, but that is the decision of the
moderator. I don't post there, but I do listen in. Ron D
Check AmiBroker web page at:
http://www.amibroker.com/
Check group FAQ at: http://groups.yahoo.com/group/amibroker/files/groupfaq.html
| Yahoo! Groups Sponsor |
|
![]() |
Yahoo! Groups Links
|