Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (7873)	1/18/1998 1:17:00 AM
From: shasta23	Respond to of 12039

Hi Richard! Thanks for the explanations! Good points about the longer indicators and good point about the stocks going from trend into range bound trading. I think i just made the common mistake of thinking about the entry points only and not so much about the exits(like how does the indicator reacts and get's you out when the trend is over). Stefan

To: Richard Estes who wrote (7873)	1/18/1998 1:58:00 PM
From: peter n matzke	Read Replies (1) \| Respond to of 12039

perhaps i did not understand your comments. if you develop several different systems which are based on different criteria (shorter or longer time frames etc)why wouldn't you want to use the system that achieves the best results for each stock, some stocks will outperform with one system versus another system. for example CREAF is a very active stock which a system that goes both long and short takes advantage of. whereas SWY has been on a straight path where a sytem with a longer time horizon takes advantage of. its certainly more work to maintain more than one system but the profits are greater, and that seems to be the name of the game. i started keeping a log on about 500 stocks and the prefered (most profitable) system varies. each of about 200 systems (i have tried) hits on atleast one stock with the top 10 sytems hitting on over 20 different stocks. by the way, i am not proposing to maintain 10 different systems, but the concept of following individual stocks and tracking the sytems based upon the stocks does show merit. why would this not be logical? thanks peter