mrisinger
1 posts
msg #138478
- Ignore mrisinger |
9/30/2017 7:02:58 PM
So there are a few threads (shillllihs, 13th_floor, TheRumpledOne, to name a few) that are popular, but are overwhelmingly long and have been ongoing for 10+ years. Is there any chance I could convince anyone to post their latest filters that they currently use along with a brief description of how they trade them?
|
Lapre506
48 posts
msg #138482
- Ignore Lapre506 |
10/1/2017 1:00:53 PM
IMHO you'd be doing yourself a disservice by not reading the threads of the filters you are considering using. Before I went live with the TRO Slo Cooker I took an afternoon and read the entire thread. Someone could post the final versions of the filters but without knowing the trials and tribulations that lead to the eventual changes that were made you're missing out on some crucial info.
|
Kevin_in_GA
4,599 posts
msg #138484
- Ignore Kevin_in_GA |
10/2/2017 9:23:20 AM
Agreed. And just because a thread has 500+ posts does not make that filter more valuable than others. Spend time and read through the forums - it is a valuable exercise that will help you become a better trader.
|
shillllihs
6,044 posts
msg #138493
- Ignore shillllihs |
10/2/2017 12:04:24 PM
Yeah, i wouldn't give too much credence to long threads, every trader only has part of the puzzle figured.
Shills is a great instinctive trader who has now put the puzzle together, but his thread is riddled with bullshit.
Tro is like a nutty professor but his methods don't fully pan out. Kevin tries to present things in a comprehensive way and often comes close to figuring things out but Lucy always finds a way to pull the ball from him at the last second.
First step would be to identify the overall trend of the market by looking at monthly charts, then spend 1000s of hours cherry picking filters that are suited for the current market environment.
|
chi-town
44 posts
msg #138497
- Ignore chi-town |
10/2/2017 2:11:34 PM
Hi Kevin,
My question is on the vxx:spy ratio do you use the roc and ma 12 or roc and ma 15 in your trading.
I feel the tool is great for timing the market using Iwm,qqq,and spy.
Thanks
|
Kevin_in_GA
4,599 posts
msg #138498
- Ignore Kevin_in_GA |
10/2/2017 2:41:19 PM
At this point in time I use a series of XIV filters for the majority of my trading. I now pay more attention to contango levels and the absolute level of the ^VIX than I do the VIX:SPY ratio.
|
chi-town
44 posts
msg #138500
- Ignore chi-town |
10/2/2017 3:47:27 PM
Thank you Kevin.
Do you care to share what and how you use xiv and the vix?
Thanks
|
Kevin_in_GA
4,599 posts
msg #138505
- Ignore Kevin_in_GA |
10/2/2017 7:27:35 PM
Well, they do not translate into SF code. I use Stratasearch exclusively for trading system development. My current XIV multi-system actually employs 40 separate individual XIV trading signals, which I trade based on 10 equal allocations of my trading capital. Rarely do more the 10 trigger at any given time, so this helps to maximize profit by keeping more money in trades rather than sitting around.
My biggest problem is to trade it exactly as it is designed - I always try to get an extra nickel or dime, usually missing good entries out of small greed impulses. Today was a good example of this. Rather than buy at the open ($98.21) I wanted to be in at $98, which never filled. I also tend to roll out of trades before the proper exit is signaled, usually leaving a chunk of profit on the table.
|
chi-town
44 posts
msg #138514
- Ignore chi-town |
10/3/2017 9:32:39 AM
Thank You for your insight.
Maybe try trading smaller, would give you the confidence to just follow the system.
Thanks again
|
Kevin_in_GA
4,599 posts
msg #138520
- Ignore Kevin_in_GA |
10/3/2017 12:53:55 PM
Smaller trades are not really the issue - what I keep finding is that I am trying to get in at a better price than the open only to see XIV climb steadily throughout the session. Trade size is not a factor as much as hubris is.
|