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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!
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To: fut_trade who wrote (6865)10/2/2001 12:53:48 PM
From: Patrick Slevin  Read Replies (1) of 7434
 
Yeah, if it's not purely mechanical it's called discretionary.

Which makes a heck of a lot of "systems" discretionary in the strictest sense of the word. I've read some Williams but I do not do much reading anymore. I got burned out. One guy occasionally would dispute what another cast in stone, then you would have signals from one and not from the other and so on. Without focusing on one method or another you tend to go into lock. Essentially doing nothing or worried that what you did was wrong.

What I ended up with is different methods in different time frames. I take a small trade if the shorter frames line up, a larger one if the longer ones line up with the shorter ones. I guess the way to explain is by percentages. If I think the trade has a fair chance of success I trade small, if an excellent chance I trade large.

This system of yours, have you actually traded it yet?
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