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Hi stevo

:iagree: 100% with your post and I think you hit the nail right on its head with your definition of risk.

The points you mentioned are basically the premise I used when I decided to use the concepts I described in an earlier post in this thread regarding assigning weights, equal or otherwise, to one's criteria for both buy and sell signals. I also agree with you, as I have said in other threads, that one's strategy should be tested and fine tuned if necessary by paper trading or whatever other simulation techniques you might have until the strategy's goals are achieved consistantly, however long that may take.

imo the more signals (obviously without going to ridiculous extremes) you have saying buy or sell the higher the probability is that in at least the short term the signal is correct and hence the lower the risk is to making a loss in the short term in the investment/trade.

Overall I have been happy with the returns I have received over the years using the concepts I described in earlier posts in this and other threads but that by no means suggests that what I do will be appropriate for all.....obviously it has been and will be for some and will not be for others.

cheers

bullmarket

<blockquote data-quote="bullmarket" data-source="post: 37700" data-attributes="member: 2453">Hi stevo:iagree: 100% with your post and I think you hit the nail right on its head with your definition of risk. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" />The points you mentioned are basically the premise I used when I decided to use the concepts I described in an earlier post in this thread regarding assigning weights, equal or otherwise, to one&#039;s criteria for both buy and sell signals.&nbsp; I also agree with you, as I have said in other threads, that one&#039;s strategy should be tested and fine tuned if necessary by paper trading or whatever other simulation techniques you might have until the strategy&#039;s goals are achieved consistantly, however long that may take.imo the more signals (obviously without going to ridiculous extremes) you have saying buy or sell the higher the probability is that in at least the short term the signal is correct and hence the lower the risk is to making a loss in the short term in the investment/trade.Overall I have been happy with the returns I have received over the years using the concepts I described in earlier posts in this and other threads but that by no means suggests that what I do will be appropriate for all.....obviously it has been and will be for some and will not be for others.cheersbullmarket <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite1" alt=":)" title="Smile&nbsp; &nbsp; :)" loading="lazy" data-shortname=":)" /></blockquote>

[QUOTE="bullmarket, post: 37700, member: 2453"] Hi stevo :iagree: 100% with your post and I think you hit the nail right on its head with your definition of risk. :) The points you mentioned are basically the premise I used when I decided to use the concepts I described in an earlier post in this thread regarding assigning weights, equal or otherwise, to one's criteria for both buy and sell signals. I also agree with you, as I have said in other threads, that one's strategy should be tested and fine tuned if necessary by paper trading or whatever other simulation techniques you might have until the strategy's goals are achieved consistantly, however long that may take. imo the more signals (obviously without going to ridiculous extremes) you have saying buy or sell the higher the probability is that in at least the short term the signal is correct and hence the lower the risk is to making a loss in the short term in the investment/trade. Overall I have been happy with the returns I have received over the years using the concepts I described in earlier posts in this and other threads but that by no means suggests that what I do will be appropriate for all.....obviously it has been and will be for some and will not be for others. cheers bullmarket :) [/QUOTE]

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