Hello Intrepid_Timer! Thank you for your warm welcome!
I just became a member here, so please forgive me if I've posted in the wrong areas. I started my original thread in the "Technical Analysis" section, because I didn't know where else to start, and felt that my chart would appeal to those who enjoy the technical aspects of trading. NASA1974 suggested that I begin a thread here in the "Members Account Talk" area. Is this what you mean by "Perhaps you can start your own thread?
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Technically speaking, my indicators flashed a "Buy" signal on Monday, Oct 10. However, I waited until Wednesday, Oct 12 to make my IFT transactions, due to the weak signal on Monday and Tuesday.
No matter how well my system has worked over the past X years, I sometimes have that "what if" feeling when I make a trade. Hence my comments about the "Dow needing to clear 11,613 to confirm" that the trade is going in the right direction.
My system is based on actual trade dates. Some of the trades were made on the same day as the Buy or Sell signal days, and some were a day or two later (to confirm the market direction).
In regards to: "If these are the only three perimeters you use, I can tell you from experience that I have my doubts about this system working during tight trading periods" let me say this...
As you well know, there is no perfect trading system. My Timing System is a fairly simple trend following model. I was hoping to design a system that could be easily followed, powerful, and simple to implement. I think I have done that.
There are always trade-offs when designing a system. You want it to get you out near the tops, and back in near the bottoms of major market moves. However, if you design it to get too close to the tops and bottoms, you'll get multiple whipsaw trades. Hopefully I've struck a good balance between the two.
There have been times when the market trades within a tight range, and a signal is generated that doesn't produce a profitable trade. However, because the markets haven't moved much within that tight range, there's usually not much lost (or gained) during that time period. With an average of 5 trades a year, this doesn't happen very often.
I just started an autotracker account this weekend, and am looking forward to seeing if I can at least make a respectable showing.
Hope this helps!
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