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[USER=78997]@Saqeeb[/USER] I would like to make a few comments about your last post for others to understand that trading is full of surprises..

Trading a weekly strategy - take the good with the bad
With a weekly strategy you have to hold the position up to week even when the price falling rapidly. With a weekly system you have to stick to the plan even if it means a bigger loss (I never override my strategy) Keep the system as simple as possible, validate it (robust backtesting) and trade it.

Make sure you test it
Stress test your strategy, backtest the strategy, test it with in-sample and out-of-sample data, and test it over different Indexes and over different time frames, even different markets around the world as your strategy needs to work under all conditions.

# The way I trade is not rocket science, it's boring as Bat$hit.

You can listen to too many
Reading various trading threads here at ASF sounds good in theory, but the problem is that getting so many different trading opinions & trading styles becomes confusing & in the end you won't know who to believe thus putting a handbrake on your trading.

Find your comfort level
By reading various trading threads you'll find out what works and what doesn't. The hardest part is finding yourself a setup you like, one that's simple and suits your mindset.

Skate.

<blockquote data-quote="Skate" data-source="post: 1057392" data-attributes="member: 57364">[USER=78997]@Saqeeb[/USER] I would like to make a few comments about your last post for others to understand that trading is full of surprises..Trading a weekly strategy - take the good with the badWith a weekly strategy you have to hold the position up to week even when the price falling rapidly. With a weekly system you have to stick to the plan even if it means a bigger loss (I never override my strategy) Keep the system as simple as possible, validate it (robust backtesting) and trade it.Make sure you test itStress test your strategy, backtest the strategy, test it with in-sample and out-of-sample data, and test it over different Indexes and over different time frames, even different markets around the world as your strategy needs to work under all conditions.# The way I trade is not rocket science, it&#039;s boring as Bat$hit.You can listen to too manyReading various trading threads here at ASF sounds good in theory, but the problem is that getting so many different trading opinions &amp; trading styles becomes confusing &amp; in the end you won&#039;t know who to believe thus putting a handbrake on your trading.Find your comfort levelBy reading various trading threads you&#039;ll find out what works and what doesn&#039;t. The hardest part is finding yourself a setup you like, one that&#039;s simple and suits your mindset.Skate.</blockquote>

[QUOTE="Skate, post: 1057392, member: 57364"] [USER=78997]@Saqeeb[/USER] I would like to make a few comments about your last post for others to understand that trading is full of surprises.. [B]Trading a weekly strategy - take the good with the bad[/B] With a weekly strategy you have to hold the position up to week even when the price falling rapidly. With a weekly system you have to stick to the plan even if it means a bigger loss (I never override my strategy) Keep the system as simple as possible, validate it (robust backtesting) and trade it. [B]Make sure you test it[/B] Stress test your strategy, backtest the strategy, test it with in-sample and out-of-sample data, and test it over different Indexes and over different time frames, even different markets around the world as your strategy needs to work under all conditions. [B]# The way I trade is not rocket science, it's boring as Bat$hit[/B]. [B]You can listen to too many[/B] Reading various trading threads here at ASF sounds good in theory, but the problem is that getting so many different trading opinions & trading styles becomes confusing & in the end you won't know who to believe thus putting a handbrake on your trading. [B]Find your comfort level[/B] By reading various trading threads you'll find out what works and what doesn't. The hardest part is finding yourself a setup you like, one that's simple and suits your mindset. Skate. [/QUOTE]

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