Saturday, December 15, 2012

Update - Discretionary System

If you've been following this blog since the beginning, you know that is has changed a bit over time:

The blog started out as a journal of performance for a mechanical system that I was trading in the World Cup Trading competition.

And then my corrupt broker PFG folded in July, taking most of my account with them.  And the idea for my blog!

A few months ago, I decided to document my development of a discretionary system - my historical weak point in trading.

Along the way, I tried to provide useful information, such as my 15 part "Trading Process" series. Or my free webinars (here is upcoming one on Monday Dec 17th:  "Trading Plan For 2013" on Dec 17, 2012 8:30 PM EST at: https://attendee.gotowebinar.com/register/2901032090057478144)


So, as of mid-December, here is where I stand:

I don't have a discretionary system for 6E (Euro currency) ready to go yet, but I have a couple of pretty good, but separate, ideas in development.  With some dedication in early January, I may have something ready to go in late Jan or Feb 2013.

I have a little chunk of money allocated for this new system.  I may or may not enter it in the World Cup competition.  I may or may not post it on Collective2.com, where a third party tracks some of my other strategies (here is just one: http://www.collective2.com/cgi-perl/system71417784).

My question for you, dear reader, is where do you want this blog to go.  Some options:

A.  I can continue discussing my discretionary system development, and then actually trade it.

B.  I can talk about trading in general.

C.  I can talk about any system I enter in a contest, which may also be point A above.

D.  I can talk about other systems I currently trade (full disclosure: some of these I also offer for sale, some I do not).

E.  None of the above.


I want to keep this blog informative and relevant.  I know so far it has been, since it was nominated for Best Trading Blog of 2012 (please vote below).


So, if you get a chance, please leave a comment, and tell me what you'd like to see in this blog.  I'm listening!




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I am honored that my blog, "A Robot Trader Becomes Human," has been nominated as "Best Trading Blog of 2012" by the good folks at TraderPlanet.com.

If you like my blog at http://2012tradingcontest.blogspot.com, please vote!

A Robot Trader Becomes Human






13 comments:

  1. personally i would like to see you trade already. Discussions are fine, but it should be on results rather than what we can readily read from google search. So make it into a trading journal..with live trades, stats, etc.

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  2. Thanks for the comment hilmy! I appreciate it.

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  3. Blog on whatever keeps you motivated to keep blogging. That said, I like to see results too, equity curves, trade examples, etc. Perhaps share some general ideas for mechanical trading systems, chart patterns, that sort of thing?

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  4. Answer: all of the above
    And I second MBA's recommendations: comments about entries and exits and how you mix them to create a system.

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  5. You are welcome Kevin!
    Would it be possible to access your December webinar recording even if I did not sign up for the webinar? The link above point to "The webinar is over".

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  6. Trading Plan For 2013
    https://attendee.gotowebinar.com/recording/681577709537991168

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  7. How's the discretionary trading coming along?

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  8. Thanks for question, I am putting up a new post.

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