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mark..
imagine that the bond market suddenly begins a long term down trend that
lasts several years - say three or four years.
if during this period your medium term counter trend model where to begin
drastically under-performing relative to its performance of the prior
several years, how would you adjust your model?
would you continue trading your model despite its poor relative performance
in this historically un-characteristic 'trending' environment?
at what point would you say 'uncle'... ?
-----Original Message-----
From: Mark Brown <markbrown@xxxxxxxxxxxxx>
To: jrehler <jrehler@xxxxxxxxx>
Cc: omega list <omega-list@xxxxxxxxxx>
Date: Friday, June 04, 1999 5:42 PM
Subject: Re: System's
:> How do you define "medium term counter trend trading", short term, long
:term?
:
:ran, I'm sure that my perspective on many things is wrong from the proper
:meaning. so I do need to qualify what is what. I think something that
:make's 50 trades a year and is always in the market is a medium term
system.
:no matter what time frame is used its the approximately one week per trade
:holding time that makes me think it is medium term. a long term system to
:me is something that is always in the market and it makes around 5 trades a
:year. a short term system would be always in the market and would trade
:around 150+ trades a year. a daytrade system is just that and could be
:considered short term I guess.
:
:Sincerely,
:Mark Brown
:TraderWare.com
:(x McDonalds)
:Customer Support Dupervisor/Janitor
:
:
:> How did you develop these definitions?
:>
:> Randy
:>
:
:
:
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