SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : KEEP IT SIMPLE TRADING -- Ignore unavailable to you. Want to Upgrade?


To: Mathemagician who wrote (20)7/22/2003 4:36:26 PM
From: mistermj  Read Replies (1) | Respond to of 321
 
Mathemagician you raise some good points and the challenge for me is to keep this as simple and mechanical as possible.

This system is tied to EOD mutual funds so I don't know how we can get around that.

No matter what there will be times when I will have to make a judgement call because the indicators will be too close together to know where they will end up EOD.I have some very good tools to use to show hourly and daily change in trend and will default the system to those indicators to make a decision by 3:25p.m EST.

The problem is many brokerages require mutual fund orders by 3:30p.m EST so my 3:25p.m.EST cut off is really calling it close for some people.The best solution is probably to use PROFUNDS directly as they have a 3:50p.m.cut off for trades.

I have not had much of a problem in real world trading with this system making decisions by 3:25p.m.EST.Thats my plan for now.If it becomes a big problem I will address it at the time.

Thanks much for your thoughts .