[oleg]

Hi everybody!

My name is Oleg.

I am a developer of automated trading systems.

After many years of trading systems development in the fast changing market I came to the very simple conclusion: I cannot reliably predict chaos and even its statistical boundaries. Technical analysis doesn’t work, because it is based on the history that does not repeat itself and it is always behind the market, AI behind the systems is not working too because there is very little repeating information in the chaos that lays in the basis of self-training and learning.

But, I see many different strategies that from time-to-time may produce positive result, perhaps, because they use all of the above and also - strongly defined rules.

Unfortunately, the life-time for such systems is very short, because market behavior changes faster than trader is able to formulate new rules.

Therefore, I’ve changed my philosophy from strategy trading to tactics trading removing specific rules and instead using three rules below.

My new rules:

1. I do not predict the market; instead I follow it but very quickly.
2. I am not afraid of making mistakes and taking small losses quickly fixing it by opening opposite positions.
3. I am always on the market following the trend, but I do not even define it (trend), I follow it automatically. My last market entry is always with the trend.

Does it sound reasonable? Do you agree with the new term “Tactics Trading”?

Please, be tolerant to my generalized statement. In reality, of course, there are many questions and many different solutions.

[sevensa]

Originally Posted by oleg »

3. I am always on the market following the trend, but I do not even define it (trend), I follow it automatically. My last market entry is always with the trend.

How do you follow something that you don't define? How do you know then that you follow it?

[sevensa]

Oh, nevermind. I see now that you are really here to SPAM.

[oleg]

On bar open, using any reasonable signal Up or Down I enter the market and if the signal is wrong I invert position.

[oleg]

Originally Posted by sevensa »

Oh, nevermind. I see now that you are really here to SPAM.

I thought, I am dealing with pros ... who at least would be interested in some ideas...

[Kiwi]

Then you should do us a favour and go away if you were spamming us. The ideas you proposed seem very pedestrian and I suspect that all the pros will find them uninteresting.

[oleg]

Originally Posted by Kiwi »

The ideas you proposed seem very pedestrian and I suspect that all the pros will find them uninteresting.

Congratulations!

You already understood a difference between Strategy and Tactics trading!
I this case let me ask: are you trading on real market?


Thanks.

[BlowFish]

Originally Posted by oleg »

On bar open, using any reasonable signal Up or Down I enter the market and if the signal is wrong I invert position.

This was Eddie Toppels (author of Zen in the Markets, or Confessions of a Zen Trader) approach to trading. Enter the market (direction unimportant), if price goes X points against you, stop and reverse, repeat until 'done'. His whole thesis was that it is ego that is the main obstacle to trading successfully.