Current returns for 2008/09 financial year?

[Sean K]

Buy the troughs, sell the peaks. That's all I do.



Honestly, not really. I'll take a glance at the chart and decide what I think is going on. I don't give it much conscious thought.

Huh?



Buy the troughs?

No conscious thought of the charts?

 

[nunthewiser]

everyones a winner kennas , didnt u know that m8 ?

 

[Mr J]

Huh?



Buy the troughs?

No conscious thought of the charts?

Trough = low, which I assume you already know, so why the confusion?

I don't spending much time looking at it, I just take a glance and interpret it subconsciously.

everyones a winner kennas , didnt u know that m8 ?

Perhaps you could find a more productive use of your time.

 

[beamstas]

I believe buy low sell high is wrong. It's a trap beginners fall into and start to look at "value"

I'll throw this out there

Buy High, Sell Higher

Cheers
Brad

 

[jono1887]

Buy the troughs, sell the peaks. That's all I do.



Honestly, not really. I'll take a glance at the chart and decide what I think is going on. I don't give it much conscious thought.

So your able to subconsciously interpret data without actually thinking about it? i wish we all had that ability... i suppose your able to analyse movements in your sleep aswell :

 

[Mr J]

Beamstas, I probably should have expanded a little more. I look to buy and sell just after I think a pivot has formed, not buy just because the price currently seems low. 'Value' trades don't come into it, I just seek to ride the waves of price action as they form.

So your able to subconsciously interpret data without actually thinking about it?

We do that for many things in life. We don't think about throwing a ball, we just do it. At some point we may have thought about it, but it quickly becomes automatic. That's how I feel when looking at charts. I'm not saying I'm great at reading charts, just that my thought-process regarding charts is automatic.

 

[johnnyg]

We do that for many things in life. We don't think about throwing a ball, we just do it. At some point we may have thought about it, but it quickly becomes automatic.

Same can be said about eating food. You dont need to think about picking up the fork and feeding the food into your mouth and then the number of times you need to chew before you swallow. It just happens automatically.

Good Post Mr J.

 

[Adam A]

Same thing with thinking.

Some times i dont even turn my brain on

 

[Mr J]

Do something often enough, and we'll become efficient at it. It doesn't hurt that I keep things simple.

 

[carmen]

EXCUSE ME??? "idiot"??? WTF?

i do not use amnibroker .......lol no need to get cranky because from where im sitting it looks like a demo /paper trade claim to fame

lol some ppl get so emotional here at times

geeeeez

I'm extremely doubtful that's a paper trade claim. All that comes to mind with your post......You obviously have not been long the past three months.

 

[nunthewiser]

I'm extremely doubtful that's a paper trade claim. All that comes to mind with your post......You obviously have not been long the past three months.

uh?? how did you come up with that deduction sherlock ?

scroll through my posts .PLENTY of trade entrys given , LONG and short actually .........


lol im still wondering how my post indicated anything to do with my trades darl ???

 

[nomore4s]

I'm extremely doubtful that's a paper trade claim. All that comes to mind with your post......You obviously have not been long the past three months.

um I'm pretty sure Beamsta said it was testing results of a system he is building so technically it is paper trading. I'm sure Brad will correct this if it is incorrect.

 

[carmen]

um I'm pretty sure Beamsta said it was testing results of a system he is building so technically it is paper trading. I'm sure Brad will correct this if it is incorrect.

If I got that wrong through mis-reading, sorry. To me it was reading about someone achieving 40% over April and thought, yeh sounds about right.

um I'm pretty sure Beamsta said it was testing results of a system he is building so technically it is paper trading. I'm sure Brad will correct this if it is incorrect.

uh?? how did you come up with that deduction sherlock ?

scroll through my posts .PLENTY of trade entrys given , LONG and short actually .........


lol im still wondering how my post indicated anything to do with my trades darl ???

Sorry mate, the comment was not aimed at you personally. It was in response to the argument that such a return had to be a fictitious "paper trade claim to fame".

 

[beamstas]

um I'm pretty sure Beamsta said it was testing results of a system he is building so technically it is paper trading. I'm sure Brad will correct this if it is incorrect.

Yep

Paper trading it to start for a few months until i know it has positive expectancy forward testing. The reason behind posting the results over april was becuase the system usually returns 30% p.a historically, and it returned over 40% in april - may, quite an astonishing effort on the markets part

I do trade and was long over April, but not with the trades on the system. I only added 13% to my account over april (not 40% ).

Cheers
Brad