Traders' Roundtable

Thanks, Sluggo, but this system is a plain vanilla Stocks/ETF system taken from the long side. In the parlance of this forum, it's a "small" account - too small to trade futures. Hope to stock the piggy bank and get into futures down the road. Been testing and paper trading for months now....

Thanks guys for all your comments. Lots to think about. To be clear, I'm not a fund manager; this is my own hard earned cash and perhaps thats why I'm adding extra weight to this decision. True, I'm in for the long run but one never know when the cash is needed... I like several comments - Sluggo's ...

@babel... - Your point is well taken, but as I said, just looking for a good starting point. Not looking to filter every trade. I'm satisfied with the system as is, just want to know when to jump in. Perhaps there is a way to program this one time event, but I'm not saavy (sp?) enough to know how to...

Thanks for the responses: @ - TechTrader - I haven't read the Schwager study but would concur that most people buy high, sell low and consequently underperform the market. It's the basic herd mentality, for lack of a better way to put it. In an ideal world (or should I say MY ideal world, I don't wi...

I'm hoping to get some food for thought here as I have a dilemma. I've done a lot of reading and research into Trend Trading and have found a strategy that seems satisfying to me. The one thing that the system can't tell me is when to get started ? Here's the dilemma: My system is a long only stock/...