View Single Post
Old 22-08-2005, 13:32   #8
amarnath
level 3
 
amarnath's Avatar
 
Join Date: Sep 2003
Posts: 1,476
Downloads: 4
Uploads: 0
Rep Power: 0amarnath is an unknown quantity at this point
Smile Re: Great technique for beginners...

Quote:
Originally Posted by Kako
Akash

trading to the left(Backtest) is much different to live trading

that number u've posted(2107) and even more is Possible every week; but also unaccessible because on live trading u dunno where the price is headed but on backtest u do know. try ur system(strat) on a live(Demo or real) account and post the results

i have to add Ichimuko is good way of looking to mkt imo, specially cloud as a S/R area.

remember there's many nice looking indicators(when looking @ it on past data) none of them work real time. some because of inherit lag, some because of many false signals, some custom indicators repair their old signals(change past sig), etc.

HTH


Hi Kako,

Well i agree with you .Well one cant easily learn way of using Indicator's ( out of box ideas ) untill Indicator based trading kills trader equity . Many ppls here miss lot of points begning form selection of indicator to time frame .And most of newbies mistakes are centered around trading based on assumptions and unproved facts
__________________
GAYATHRI MAHA MANTHRA

OOM l BHUR BHUVAS SUVAHA : l
TATH SAVITHUR VARENIYAM I
BHARGO DEVASYA DHEEMAHI l
DHIYO YO NA : PRACHODAYATH ll

SARVAM SRI KRISHNARPANA MUSTHU ll
OOM SHANTHI : SHANTHI : SHANTHI : ll
amarnath is offline   Reply With Quote