|
PureBytes Links
Trading Reference Links
|
Had no idea you took up Philosophy, mate!
Eduardo.
Jose Silva <josesilva22@xxxxxxxxx> wrote:
Each trade is as long as it takes to reach the sell condition.
j '-)
http://www.metastocktools.com
--- In equismetastock@xxxxxxxxxxxxxxx, "Carl van Heerden" <cj.vh@xxx>
wrote:
>
> How long is the long run? Based on one bar and one indicator I
would not know (4)
>
> Carl
>
>
> --- In equismetastock@xxxxxxxxxxxxxxx, "Jose Silva" <josesilva22@>
> wrote:
>
>
> Hmmm... perhaps I've made it sound more complicated than it needs
> to be.
>
> Imagine it's 7pm in the evening, 3 hours after market close, and
> the day's final data arrives. We now know today's Open, High, Low
> and Close of the day with 100% certainty.
>
> We look at our finalized data, and find that today our favorite
> stock has closed within 4% of today's High. Our decision now is:
>
> 1) Go Long at tomorrow's Open (strategy Y).
>
> OR
>
> 2) Go Short at tomorrow's Open (strategy X).
>
>
> Which strategy is more likely to be profitable in the long run?
>
> ---------------------------------------------
>
> Strategy Y:
> ==========
>
> * Buy Long at tomorrow's Open if today's Close was within
> 4% of today's High.
>
> * Sell Long at tomorrow's Open if today's Close was within
> 4% of today's Low.
>
>
> Strategy X:
> ==========
>
> * Buy Long at tomorrow's Open if today's Close was within
> 4% of today's Low.
>
> * Sell Long at tomorrow's Open if today's Close was within
> 4% of today's High.
>
> ---------------------------------------------
>
>
> Y is basically a short-term trend-following strategy.
> X is basically a short-term contrarian strategy.
>
> So, which strategy is more likely to be profitable in the long run,
> Y or X?
>
>
> jose '-)
> http://www.metastocktools.com
---------------------------------
All new Yahoo! Mail "The new Interface is stunning in its simplicity and ease of use." - PC Magazine
[Non-text portions of this message have been removed]
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/equismetastock/
<*> Your email settings:
Individual Email | Traditional
<*> To change settings online go to:
http://groups.yahoo.com/group/equismetastock/join
(Yahoo! ID required)
<*> To change settings via email:
mailto:equismetastock-digest@xxxxxxxxxxxxxxx
mailto:equismetastock-fullfeatured@xxxxxxxxxxxxxxx
<*> To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|