Simple Trading Systems

[ARTHUR.S]

I am currently looking to purchase a trading system that actually works and can produce great results.I have tried,over the years to develop one myself-
one that can work across all markets and work consistently but I keep going back to the drawing board.Finding such a system is becoming more elusive as time goes by.
Recently I attended a seminar in Melbourne by Aussie Robs Lifestyle Trader.
This,in my opinion,is exactly what I'm looking for providing it really works.Its very simple but the drawback is that you can only run this software on his
exclusive data feed.Is there anyone trading live with this software and if so,
what do you think?

 

[Shane Baker]

Hi Arthur

There was a discussion a while ago about Aussie Robs offerings and they seemed to think that he was well named. The link is

http://lightning.he.net/cgi-bin/suid/~reefcap/ultimatebb.cgi?ubb=get_topic;f=68;t=000024#000000

Hope this helps.

Cheers

Shane

 

[Realist]

It sounds incredibly dodgy to me so far, dodgier than a weight loss pill, or a pheremone spray to attract chicks...

Please tell me more. I like hearing about these things

Aussie Rob - is he rich, real rich? Why then does he run seminars? Is it to help you, if so and he is so rich why not help you by running it for free? If he aint rich then maybe he needs to perfect his scam, I mean system some more.


Please tell me more about this guy....

 

[Nick Radge]

I post live trades here on the XJO although this system works on all volatile stocks. Shows in real time that systems can and do work.

Below is a Hang Seng trading system that I developed in 1998. This equity curve using real trades since 2003. All comm's and slippage included. It also works on all Asia-Pacific index futures.

These systems are EOD but exit at the days close with no overnight exposure.

You may be better of learning to develop your own systems rather than using a vendor. Perhaps you simply need some "direction" in that area rather than outlaying more money.

 

[wayneL]

What you are doing essentially is paying a couple of grand for an oscillator

I've got several and I'm only charging $500 each plus you get a set of free steak knives

 

[Bobby]

What you are doing essentially is paying a couple of grand for an oscillator

I've got several and I'm only charging $500 each plus you get a set of free steak knives

I have a straddle intraday system Thats not for sale to humans.

Bob.

 

[Bobby]

I post live trades here on the XJO although this system works on all volatile stocks. Shows in real time that systems can and do work.

Below is a Hang Seng trading system that I developed in 1998. This equity curve using real trades since 2003. All comm's and slippage included. It also works on all Asia-Pacific index futures.

These systems are EOD but exit at the days close with no overnight exposure.

You may be better of learning to develop your own systems rather than using a vendor. Perhaps you simply need some "direction" in that area rather than outlaying more money.

Nick your chart has no time frame ? please repost with this.

Bob.

 

[eddievanhalen]

Hey Arthur - was that seminar a free introductory seminar??

I'm in Melbourne and wouldn't mind going to see this guy in action.

I had someone ask me about it too and had a look at his site........all I can say is "don't get sucked into buying a US $4000 TA crossover system".

I just want to have a fun night out and watch this dude in action if there's free tickets available. I was in stitches looking at his website.

Ed

 

[bunyip]

I am currently looking to purchase a trading system that actually works and can produce great results.I have tried,over the years to develop one myself-
one that can work across all markets and work consistently but I keep going back to the drawing board.Finding such a system is becoming more elusive as time goes by.
Recently I attended a seminar in Melbourne by Aussie Robs Lifestyle Trader.
This,in my opinion,is exactly what I'm looking for providing it really works.Its very simple but the drawback is that you can only run this software on his
exclusive data feed.Is there anyone trading live with this software and if so,
what do you think?

I've never heard of this 'Aussie Robs' bloke but he sounds like a con to me. Even if he's the real deal, I suspect that what he's selling has a price tag of at least a couple of thousand dollars.
You don't need to spend anywhere near that amount of money to learn how to trade profitably. Nick Radge's online course has a price tag in the hundreds of dollars, not thousands. Knowing Nick, and having been to some of his presentations at ATAA meetings, I can tell you he knows his stuff. I'd be surprised if his course isn't well and truly worthwhile.

Another way of getting yourself a workable trading system is to learn the 'Darvas Box' method. In the 1950's Nick Darvas amassed more than 2 million dollars by trading the stockmarket...this would equate to 30 or 40 million dollars in todays values.
His system was logical and simple........he looked for sleepy stocks that had recently woken up by showing surging price and volume. He bought these stocks as they broke above resistance.
Darvas was a better trader than author......he was talked into writing a book about his system, but the book doesn't do a particularly good job of detailing his methodology.

The simplest and cheapest way of learning the Darvas system is to buy Frank Watkins 26 page booklet titled 'Darvas Box Trading'. The booklet costs less than $10 and is one of the best and most comprehensive descriptions I've seen of the Darvas Box system.
The Darvas system is logical and effective, yet so simple that you can learn it today and be trading it tomorrow.

Bunyip

 

[wayneL]

Hey Arthur - was that seminar a free introductory seminar??

I'm in Melbourne and wouldn't mind going to see this guy in action.

I had someone ask me about it too and had a look at his site........all I can say is "don't get sucked into buying a US $4000 TA crossover system".

I just want to have a fun night out and watch this dude in action if there's free tickets available. I was in stitches looking at his website.

Ed

I miss all the fun living up here. I used to do that regularly in the big smoke too.

You can have a laugh, plus learn a bit about hype and marketing. :

 

[It's Snake Pliskin]

I am currently looking to purchase a trading system that actually works and can produce great results.I have tried,over the years to develop one myself-
one that can work across all markets and work consistently but I keep going back to the drawing board.Finding such a system is becoming more elusive as time goes by.
Recently I attended a seminar in Melbourne by Aussie Robs Lifestyle Trader.
This,in my opinion,is exactly what I'm looking for providing it really works.Its very simple but the drawback is that you can only run this software on his
exclusive data feed.Is there anyone trading live with this software and if so,
what do you think?

If someone says it works and you decide to splurge, how would you know it works?

His website has pretty colours on it by the way.

 

[Bobby]

If someone says it works and you decide to splurge, how would you know it works?

His website has pretty colours on it by the way.

Yes Snake thats how it works ( buy hope )
Have you noticed how the rabbits are getting done with there technical analysis

Technology now can eat & set ambushes for those that use this old 90s stuff, multi dimension charting is now the go, just to see were the rabbits are going to jump is sad.

Bob.

 

[It's Snake Pliskin]

Yes Snake thats how it works ( buy hope )
Have you noticed how the rabbits are getting done with there technical analysis

Technology now can eat & set ambushes for those that use this old 90s stuff, multi dimension charting is now the go, just to see were the rabbits are going to jump is sad.

Bob.

Bob,

What most software does is tell you what a pen and some graphing paper could. A pen is a couple of dollars, and graph paper is a few dollars. The rest is for opcorn: And its all for sale to humans too

Pliskin

 

[Bobby]

Bob,

What most software does is tell you what a pen and some graphing paper could. A pen is a couple of dollars, and graph paper is a few dollars. The rest is for opcorn: And its all for sale to humans too

Pliskin

Well Pliskin ,

I do feel you have the matter in hand
Well handled Sir.

Bob.

 

[Milk Man]

Another way of getting yourself a workable trading system is to learn the 'Darvas Box' method. In the 1950's Nick Darvas amassed more than 2 million dollars by trading the stockmarket...this would equate to 30 or 40 million dollars in todays values.
His system was logical and simple........he looked for sleepy stocks that had recently woken up by showing surging price and volume. He bought these stocks as they broke above resistance.
Darvas was a better trader than author......he was talked into writing a book about his system, but the book doesn't do a particularly good job of detailing his methodology.

I tested a darvas box system and it didnt come up too good. It was with erroneous data though. I dont have up to date stock data now otherwise i'd give it another bash. Point is; anything any guru has written and ive been able to code up simply has not worked (Nick Radge excluded).

 

[Nick Radge]

Bobby,
That chart starts on Feb 17 200 and finishes last week.

Bunyip,
Agree 100% on Darvas. Easy. Robust. Profitable. Say no more really, except that to systemize it would not do it justice. Its more of a "rule based" method rather than a pure systematic one.

Perhaps ArthurS can tell us what or why is own system design has not be up to scratch. The answers may not be that difficult to discern. I don't think my course will help get you over the line with regards to a complete systematic approach (but thanks for the plug ) If you've already been going at it for a few years, then the last thing you want is further muddying of the waters.

 

[idribble]

Here's a system of sorts not for the feint hearted. I use it in cojunction with my prozac and oxygen bottle!

1) Stock must have risen at least 20% on the day.

2) Stock must close at it's high for the day, or within one tick of it's high

3) Volume must be 4 times the average volume of the previous 5 days

4) Trading value for the day must be at least $50k

and lastly, and almost the most important is;

5) This action must be the FIRST SIGNS OF LIFE for at least six months, the stock must not be in a downtrend, preferably haveing formed a base for longer than six months. This is the judgement side of things.

You buy at the end of the day, not on open the next day!

 

[macca]

Hi Arthur

What is wrong with Tech Trader ?

Maybe because it is freely available no one believes it.

Fully documented trades on a public forum for years, simple straight forward............. bloody hell, what more do you want ?

I agree that the market has been easy but all these a** holes selling systems are using the same time frames as TT, and it at least has been proven.

Other users can give you advice if you are stuck or use it as a basis to create your own.............too easy

Macca

 

[bunyip]

Here's a system of sorts not for the feint hearted. I use it in cojunction with my prozac and oxygen bottle!

1) Stock must have risen at least 20% on the day.

2) Stock must close at it's high for the day, or within one tick of it's high

3) Volume must be 4 times the average volume of the previous 5 days

4) Trading value for the day must be at least $50k

and lastly, and almost the most important is;

5) This action must be the FIRST SIGNS OF LIFE for at least six months, the stock must not be in a downtrend, preferably haveing formed a base for longer than six months. This is the judgement side of things.

You buy at the end of the day, not on open the next day!

Don't you find that in many cases a 20% rise in one day entices the profit takers to bail out, resulting in the stock pulling back over the next few days?

Your system has some similarities with the Darvas system, in that Darvas looked for formerly sleepy stocks that had recently woken up by surging in price and volume. But rather than buy there and then, he waited for the inevitable pullback, then bought them once they took off again.

Bunyip

 

[idribble]

Bunyip, not necessarily.

The close on high indicates strength.