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Thread: DOOM Trading System

  1. #13

    Default Re: DOOM Trading System

    Yeah, you are spot on with that. My emotions are really beating me up right now. I'm still holding fast in the G Fund waiting for a dip that may never come. That means CRAP is in the S Fund today as it's applying those afterburners and going supersonic into November.

    P.S. With yesterdays return CRAP is now +20.10% for the year.
    Last edited by Cactus; 10-31-2014 at 10:02 AM. Reason: updateing CRAP's return
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

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  3. #14

    Join Date
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    Default Re: DOOM Trading System

    I'm all about the CRAP & DOOM now!
    THIS IS WHERE I WOULD PUT SOMETHING TO REPRESENT MY THINKING, BUT THEN THEY SHOW UP!
    Tracker =
    Check my position

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  5. #15

    Join Date
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    Default Re: DOOM Trading System

    I said I will post a little of what I use(d) in the past. So, here goes:
    minnow.jpg
    Back when I dabbled in daytrading (late '90s), my candlesticks would be on 15-minute bars (sometimes 5 also -- geez), so the timeframes would be much smaller but the principles still apply. On this chart, we see the S&P with the "trader" playing the 8/21 cross. It's no secret and I certainly didn't invent it.

    The rules are this: if you are a frontrunner, which I am/was, just wait for the slow stochastic 14 line (black) to cross the 3 line (red) and go in. If you are not, then you wait for the 14 to cross the 3, THEN wait for the MACD black to cross the red.

    Now, bear in mind, I preferred shorting and would do this in reverse and place "puts" using the inverse of this method. But, you can make money either way in this system, and I would many times place puts on the inverse and calls when the MACD crossed or the 8SMA crossed the 21SMA.

    If you prefer the longer time frame, the 13/34 EMA (rather than SMA -- because its smoother and is easier on the eyes) would work as well as long as you set up the Slow Sto with a (60,3) rather than (14,3).

    Again, the system isn't perfect especially if you are like me and grow impatient and like to frontrun. The system, by the mathematical functions it uses is naturally backward looking (but aren't most of the really?). So, like all systems, it's sort of an imperfect art.

    Well, there you go.

    This isn't the DOOM system, or the CRAP system, those are contrarian indicators to me and Cactus which, hilariously and to our detriment, are doing well. Care to share what helps you make your decisions Cactus?
    Attached Images Attached Images
    Last edited by Minnow; 10-31-2014 at 10:44 AM.
    Which one of you nuts has got any guts? -- Randle P. McMurphy
    ... stupidity will always find a way. -- Nnuut

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  7. #16

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    Default Re: DOOM Trading System

    Holy CRAP!!! My paint skills and computer skills are off the charts.

    Norm told me how to do this with good step by step instructions and look what happened. And now my head is stuck in the ceiling fan... how'd that happen?

    Sorry 'bout that guys.

    Hope you all have a happy and spooooooky halloween.
    Which one of you nuts has got any guts? -- Randle P. McMurphy
    ... stupidity will always find a way. -- Nnuut

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  9. #17

    Join Date
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    Default Re: DOOM Trading System

    Quote Originally Posted by Minnow View Post
    Holy CRAP!!! My paint skills and computer skills are off the charts.

    Norm told me how to do this with good step by step instructions and look what happened. And now my head is stuck in the ceiling fan... how'd that happen?

    Sorry 'bout that guys.

    Hope you all have a happy and spooooooky halloween.

    It looks pretty. Too bad I can't read it! Can you make it a little bigger, please?

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  11. #18

    Default Re: DOOM Trading System

    Quote Originally Posted by jpcavin View Post
    It looks pretty. Too bad I can't read it! Can you make it a little bigger, please?
    You need to upgrade to an iPhone 6 plus, or better yet, get an iPad. It's easy to enlarge the picture on the touch screen.

    Or, go old school and get a magnifying glass.


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  13. #19

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    Default Re: DOOM Trading System

    Quote Originally Posted by konakathy View Post
    You need to upgrade to an iPhone 6 plus, or better yet, get an iPad. It's easy to enlarge the picture on the touch screen.

    Or, go old school and get a magnifying glass.
    I'm on a computer

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  15. #20

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    Default Re: DOOM Trading System

    I do not have the ability to do so unless someone can tell me. I saved it from stockcharts.com to Paint and then drew my little arrows and changed the overlays. Then I saved it and tried to insert picture into my thread reply. Then I was sucked into the ceiling fan -- which is where I remain holding my laptop hoping someone will come by and show me how to escape the ceiling fan's clutches or make the picture bigger.

    Sorry I can't be of more help.

    Anyone? Anyone?
    Which one of you nuts has got any guts? -- Randle P. McMurphy
    ... stupidity will always find a way. -- Nnuut

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  17. #21

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    Default Re: DOOM Trading System

    Ok...What do your red arrows mean? Green is usually Buy and Red is sell. But I think you are alternating colors in your drawing? Red/Red (BUY/SELL), Green/Green (BUY/SELL), etc. Am I reading it right?

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  19. #22

    Default Re: DOOM Trading System

    Minnow, you are very systematic and have a plan. That's good! My problem is recently I'm all over the board and don't stick with anything very long. Why? Here's my story.

    I don't like investing -- never have. I only do it now because I believe I have too. I am too conservative. I was 100% in the G Fund until 2000. People at work pointed out I needed exposure to the market, so I waited for the Y2K scare to die down (remember that) and entered the C Fund in May 2000. I didn't know what I was doing. Yeah, it dropped, but I knew enough to buy-and-hold and believe in dollar-cost-averaging. Thing is I bought high and it wasn't going anywhere even after it came back. The only thing this was getting me was trying to get back up to where I started. Not much of a goal. I gave up on that in Nov 2007 and decided to go into autopilot by giving the L Fund a try for a year. That was a disaster. I put my money into L30 and watched it lose more money than I thought possible in 2008 with it's daily rebalancing.

    So I gave up on that and came here and tried my hand at trading. I've been all over the place on that. Last year I tried a bit of LMBF-1 and using the RSI and bollinger bands. Thing is last year was a buy-and-hold year and the RSI remained overbought for extended periods of time. This year I've been mainly looking at support/resistance at the 50 & 200 day SMA. My problems have been what to do when my expectations aren't realized and when. I refuse to chase the market because that has burned me in the past (whipsaw), but this year that was the right thing to do here recently and last summer and back in Feb. The thing is our IFT limit doesn't give one much option. That is why I'm looking at going back to buy-and-hold next year or looking into following a trend system like LMBF. I need something where I'm not looking at the market every day because that isn't working for me. I'm my own worst enemy. CRAP proves that.

    So you see I'm still not sticking to one system and that is probably what's killing me.
    Allocations as of COB Dec 28 : 100% S. | Retirement Date:Dec 2025
    Past Returns:
    2020 31.85%,2019 27.97%,2018 -3.36%,2017 13.10%, 2016 -1.79%, 5Yr Avg 12.61%

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  21. #23

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    Default Re: DOOM Trading System


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  23. #24

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    Default Re: DOOM Trading System

    Quote Originally Posted by jpcavin View Post
    Ok...What do your red arrows mean? Green is usually Buy and Red is sell. But I think you are alternating colors in your drawing? Red/Red (BUY/SELL), Green/Green (BUY/SELL), etc. Am I reading it right?
    When I started drawing, I forgot that I preferred to short so, my "buy" would actually have been a "sell" when the slow sto 14 crossed below the 3.

    The arrows (colors don't mean anything other than my paint skills are BADDDDD) are just showing that now I (the frontrunner) buy when the slow sto 14 crosses the 3. If you want to play it safe, wait until the slow sto 14 crosses the 3 and the MACD and the 8sma crosses above the 21sma. But sell as soon as the slow sto 14 crosses below the 3.

    I have not followed this system religiously this year because, hey, life gets in the way. It's just generally my way of "trading" (although I preferred to sell short and actually trade on 15 minute bars instead) since I was too stupid to follow the P&F C chart this year.
    Which one of you nuts has got any guts? -- Randle P. McMurphy
    ... stupidity will always find a way. -- Nnuut

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