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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: jesso who wrote (8065)	6/6/2000 5:55:00 AM
From: Dave Bissett	Read Replies (2) \| Respond to of 39683

Thanks for your note. Interesting about the 4day ema, but not surprising. I'm limited to EOD data backtesting on one stock at a time (backtesting a basket would be much better) and find that different values show up on top depending on stock and time frame, and if you vary off the "ideal" values the profits can vary a LOT. Sometimes the computer's exactness can be frustrating. And altho experience says that the use of stops is a good idea at various times they have always hurt profits significantly in my research, which generally indicates it's better to be invested nearly all the time. That's why I'm very much interested in the boards reversal system, basic as it is. One last thing....my research overwhelmingly shows that, regardless of indicator, trading on signal line crossovers is much more profitable than trading on, for example, MA crossovers or stochastics crossing arbitrary values. But there again, anywhere between a 2-4 or 5 day signal line can work the "best". Looking forward to learning more.... Dave

To: jesso who wrote (8065)	6/6/2000 12:48:00 PM
From: CatLady	Read Replies (1) \| Respond to of 39683

jesso, I'm most interested in what you come up with wrt stops. In particular, I'd like to be able to set a disaster insurance stop at a meaning point, something that would get me out of the trade if I'm away from the screen when some type of major price move occurs. I was looking at using a 13 or 15 SMA as the stop level, but haven't gotten too far with the idea, yet. Tradestation, as I understand it, has many more options available for testing stops and entry variations. I'll look at 4/8 vs. 5/8 later, but in the few I checked, there were just as many where 5/8 was better, but it was only a small sample.