Wednesday, May 27, 2009

A Quiet Update

. Wednesday, May 27, 2009

Lots of reading...lots of testing...

I found something mildly interesting the other day. A guy is selling a long-term trading system, (using weekly charts of all things) tested back to 1970 (when possible). I had him take "my" 5 commodities and back test just those 5 and it came back a winner. The drawdown was too much and the break even period was excessive. I am still interested though because it could be a valuable adjunct to my future plans. I need a bunch more money to make that happen though, so it will be awhile. The cool thing about this one is that it's completely disclosed when you buy it, so it's not some BS black box shyster program. Long term trading is not my style, but think it could fit as a part of a diversified trading portfolio.

The other room has been interesting...The guy is amusing (usually) and seems to trade real time right there...I have to admit I have never seen that before...It would be nice if its not a bunch of bullshit...I'm sure I will find out soon.