View Single Post
Old 25-10-2006, 04:00   #23
astro
level 2
 
astro's Avatar
 
Join Date: Aug 2005
Posts: 182
Downloads: 0
Uploads: 0
Rep Power: 4astro is on a distinguished road
Re: Automated Trading Theory Discussion

Hi permanentjaun,

Look, I don't know how long you are in this business, but the enthusiasm you demonstrate talking about how an MA system does exist and everyone is wrong saying it doesn't - telling me you are a beginner.
Also the way you describe your money management theory. You talk in terms of lots, rather than % risk.
This reminds me of myself when I started trading.
Anyway, I don't intend to fight you and try to convince you that MA systems don't work. They don't. I know that. No real trader use them since they don't work.
In any timeframe the market will sometimes range and sometimes trend and you won't know that until it already happened and you lost $$$. You can't find a timeframe and/or MA which produces only winning entries. Period.

Now, do you want to take this advice? That totally depends on you.

I wish you good luck in your trading, and I do hope that you find what you are looking for.

Astro
astro is offline   Reply With Quote