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Old 12-31-2006, 03:14 PM
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Re: strategies, indicators and so forth

Welcome to system trading world, jay! Enjoy your ride! It's a new interesting, fascinating world... but it's also lots of headaches and failures as well if you are not too careful with it.

I do many analyses of indicators and systems and backtested them in many timeframes and symbols. Most fail... except for a few. But those are keepers. This is also the reason I came to a conclusion that most indicators if not all are not useful and unnecessary in trading except price. But don't get me wrong. There are those who them use in their trading with good results. I myself just haven't found it.

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