Adamus
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Re: paper trade 2 part 2
... followed quickly by:
It doesn't postpone your entries if you decide to shorten the MA. But whatever, it's not the entries that you have a problem with. It's taking a loss.
So automate it and make money. But if you try to trade it manually, you will only have one chance to get out of a losing trade and if you blow your chance to exit then, you'll just blow your account as you have done previously. At some point.
OK in that case I take back what I said.
The average periods from a default value of 33 were shortened to 12 in the example above: the rule seems to be that the more overstretched it is, the faster it moves, the more you can shorten your average, because you will need a shorter average to detect a change in trend. Even if this explanation didn't make sense, it graphically and intuitively makes sense to me, so i will use this approach ("note to self", no objections allowed).
... followed quickly by:
As i said many times before, the ma is my medicine: it postpones my entries and it anticipates my exits (when losing), keeping me from my denial tendencies. And it postpones my exits when winning.
It doesn't postpone your entries if you decide to shorten the MA. But whatever, it's not the entries that you have a problem with. It's taking a loss.
Ok, it's pretty clear that the trade was a success. I've even backtested this. If you follow a moving average between 16 and 17 CET and stay in the trade until 22 CET, you make money on the CL. But I am going to exit at the crossover.
So automate it and make money. But if you try to trade it manually, you will only have one chance to get out of a losing trade and if you blow your chance to exit then, you'll just blow your account as you have done previously. At some point.
("note to self", no objections allowed).
OK in that case I take back what I said.