Haha, today is a good day for me, which should be recorded here as a record. Because I have developed the first trading system by myself today.
The system is a swing trade system based on NASDAQ data. The average trading time frame for one complete trade is roughly 4 weeks. It is independent of news or economical events, such as GDP or jobless claim. The advantage of the system is that I do not need to monitor the market very closely during the trading hours everyday. I just need to trust the trading signal from the system. I think it is good for working people whose full time job is not for trading.
I have tested the system for year 2011. The year to date return is 63% by longing 3X ETF. I am going to test it in the future and use it for 401K entry/exit. Hope I can improve the system later on once my knowledge for trading is growing up.
Rhete,
ReplyDeleteI guess your system is for longing TNA. I don't know why you are based on NASDAQ data but not IWM. I have just set up a gmail account。 The address is haorongone@gmail.com. I have been studying your blog, though slowly, but learned a lot from them. Thanks.
Haorong
Nice one Rhete...I am a member of stockbee and you have good stuff on your site as well.
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