New posts

Reply to thread

Message

[ATTACH=full]105569[/ATTACH]
The "Action" strategy
The Action Strategy is simple in concept & design but the coding to generate the signals is very complex. The Action Strategy is a combination of discretionary ideas coded & used in a mechanical trading system. Strict money management, refined parameters, extremely sharp exit with additional filters the (strategy) grows an extra leg.

Before we exit we need a few confirmations
For the Action Strategy to exit a position we need a few confirmations that the momentum has slowed, stopped or reversed. The "exit confirmation" guarantees you will give back a proportion of your open profits. The exit strategy in our trading strategy uses a GTFO filter as well as three independent exit indicators being: (1) Variable Trailing Stop, (2) StaleStop & (3) Volatility Dependant Stop which is clever in design. The exit is the heart of the strategy trading such small positions driven by "volatility measures" taken from "other sources". All positions need to meet the conditions of our trading plan or they face the humiliation of being dropped from the team no matter how they are currently performing or how we think those positions will perform in the future.

Selling (it's not always pretty)
Some traders have a hard time knowing when to sell or sell successfully. Successful trading is largely the art of selling & determining when to cut losses or when to take profits is hard. Because it is so hard to determine, many just don’t do it or "do it in time". Traders need an edge to beat the markets & selling the losers whilst holding the winners can, in fact, be a simple edge, at other times selling the winners at the correct time can also add to the edge. It's important to remember that the "sentiment" of players creates momentum in both directions.

In a nutshell
Trading is about "knowing when to hold them & knowing when to fold them"

Trading is a simple endeavour
Trading a mechanical system can be a simple endeavour if you are disciplined at following the rules & sticking to your trading plan. When the appropriate signal shows up, place your order & carry on, it couldn't be any simpler. Trading small-dollar positions attract a high-cost of brokers commission & in our case is the killer trading this type of strategy. Never forget, trading is a game of probabilities. Stick to your trading plan & don’t violate it at any cost.

Skate.

<blockquote data-quote="Skate" data-source="post: 1080531" data-attributes="member: 57364">[ATTACH=full]105569[/ATTACH] The &quot;Action&quot; strategyThe Action Strategy is simple in concept &amp; design but the coding to generate the signals is very complex. The Action Strategy is a combination of discretionary ideas coded &amp; used in a mechanical trading system. Strict money management, refined parameters, extremely sharp exit with additional filters the (strategy) grows an extra leg.Before we exit we need a few confirmationsFor the Action Strategy to exit a position we need a few confirmations that the momentum has slowed, stopped or reversed. The &quot;exit confirmation&quot; guarantees you will give back a proportion of your open profits. The exit strategy in our trading strategy uses a GTFO filter as well as three independent exit indicators being: (1) Variable Trailing Stop, (2) StaleStop &amp; (3) Volatility Dependant Stop which is clever in design. The exit is the heart of the strategy trading such small positions driven by &quot;volatility measures&quot; taken from &quot;other sources&quot;. All positions need to meet the conditions of our trading plan or they face the humiliation of being dropped from the team no matter how they are currently performing or how we think those positions will perform in the future.Selling (it&#039;s not always pretty)Some traders have a hard time knowing when to sell or sell successfully. Successful trading is largely the art of selling &amp; determining when to cut losses or when to take profits is hard. Because it is so hard to determine, many just don’t do it or &quot;do it in time&quot;. Traders need an edge to beat the markets &amp; selling the losers whilst holding the winners can, in fact, be a simple edge, at other times selling the winners at the correct time can also add to the edge. It&#039;s important to remember that the &quot;sentiment&quot; of players creates momentum in both directions. In a nutshellTrading is about &quot;knowing when to hold them &amp; knowing when to fold them&quot;Trading is a simple endeavourTrading a mechanical system can be a simple endeavour if you are disciplined at following the rules &amp; sticking to your trading plan. When the appropriate signal shows up, place your order &amp; carry on, it couldn&#039;t be any simpler. Trading small-dollar positions attract a high-cost of brokers commission &amp; in our case is the killer trading this type of strategy. Never forget, trading is a game of probabilities. Stick to your trading plan &amp; don’t violate it at any cost.Skate.</blockquote>

[QUOTE="Skate, post: 1080531, member: 57364"] [ATTACH=full]105569[/ATTACH] [B]The "Action" strategy[/B] The Action Strategy is simple in concept & design but the coding to generate the signals is very complex. The Action Strategy is a combination of discretionary ideas coded & used in a mechanical trading system. Strict money management, refined parameters, extremely sharp exit with additional filters the (strategy) grows an extra leg. [B]Before we exit we need a few confirmations[/B] For the Action Strategy to exit a position we need a few confirmations that the momentum has slowed, stopped or reversed. The "exit confirmation" guarantees you will give back a proportion of your open profits. The exit strategy in our trading strategy uses a GTFO filter as well as three independent exit indicators being: (1) Variable Trailing Stop, (2) StaleStop & (3) Volatility Dependant Stop which is clever in design. The exit is the heart of the strategy trading such small positions driven by "volatility measures" taken from "other sources". All positions need to meet the conditions of our trading plan or they face the humiliation of being dropped from the team no matter how they are currently performing or how we think those positions will perform in the future. [B]Selling[/B] (it's not always pretty) Some traders have a hard time knowing when to sell or sell successfully. Successful trading is largely the art of selling & determining when to cut losses or when to take profits is hard. Because it is so hard to determine, many just don’t do it or "do it in time". Traders need an edge to beat the markets & selling the losers whilst holding the winners can, in fact, be a simple edge, at other times selling the winners at the correct time can also add to the edge. It's important to remember that the "sentiment" of players creates momentum in both directions. [B]In a nutshell[/B] Trading is about "knowing when to hold them & knowing when to fold them" [B]Trading is a simple endeavour[/B] Trading a mechanical system can be a simple endeavour if you are disciplined at following the rules & sticking to your trading plan. When the appropriate signal shows up, place your order & carry on, it couldn't be any simpler. Trading small-dollar positions attract a high-cost of brokers commission & in our case is the killer trading this type of strategy. Never forget, trading is a game of probabilities. Stick to your trading plan & don’t violate it at any cost. Skate. [/QUOTE]

Verification