Here is my previous post that explained my strategy:
Because I have been experimenting a strategy that can work in all kinds of situation.
Everyone knows market has two directions:up and down.
But I guess very few know that actually market has 3 directions:up trend, down trend and no trend.
I
had a strategy that could work great in either up trend or down
trend.But if there is no trend, my strategy would lose money.Because the
basic principle of this strategy is if market goes my way,I would not
take profit, but let profit run.
If market go back, I would cut loss.
This principle work great in either up trend or down trend. But when
there is no trend, market just doesn’t go ahead, it just go forth and
back.When I goes forth, I don’t take profit.When it goes back, I cut
loss.
So in a no trend situation, this strategy doesn’t sell at a
profit, but only sell at a loss.That’s why this strategy doesn’t work if
there is no trend.
I experimented a lot of strategies, to tried to make them able to deal with up trend, down trend, and no trend.
That’s why you see I had so many strategies and then abandoned them.
But the latest strategy, Indices Futures, is successful and I guess it can deal with all kinds of situation. ,