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Online Share Trading

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Lazy System trigger ?

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Frequent Contributor
If Top 40 close above 15 day EMA today trigger active right? The wait for green @ 16:30 tommorw ?
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26 REPLIES 26
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Frequent Contributor
please explain lazy system
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Not applicable
Yep, that's right. of, this will only be my second SLS trade and TOPIX had to spoon feed me every step of the way for the first one, so rather let Simon or TOPIX explain.
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Regular Contributor
Jez, Simon does not have the holy grail.
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Little woman, in my book he does.
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Maybe no holy grail, but he has the SLS (Simons lazy system) that it low risk and works...;-)
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Super Contributor
oi, this cross dressing is really confusing people :-)
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Valued Contributor
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Frequent Contributor
simon pls explain lazy system in enlish
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Not applicable
The Lazy trading system - WORKS ONLY ON INDEXES - NOT DESIGNED FOR SHARES!!!!!!!!!!
*short

*close below 15 day ema
*red next day by 16h30
*if still below 15 day ema & green next day trigger still active & wait for red 16h30 next day
*if moving above 15 day ema trigger cancelled
*30 day ema below 60 day ema for primary direction
*20% trailing stop until breakeven then a higher high out
**long trade trigger
**close above 15 day ema trade confirm
**green next day by 16h30 condition a
**if still above 15 day ema & red next day trigger still active & wait for green 16h30 next day condition b
**if moving below 15 day ema trigger cancelled condition c
**30 day ema above 60 day ema for primary direction stop loss & exit
**20% trailing stop until breakeven then a lower low out
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Simon, you gotta organise a link on the OST home page to the SLS... Yikes let me clean that listing up a little to make it readable


The Lazy trading system - WORKS ONLY ON INDEXES - NOT DESIGNED FOR SHARES!!!!!!!!!!

*short trading trigger

*index closes below 15 day ema
*the index is still red next day by 16h30
*if still below 15 day ema & green next day trigger still active & wait for red 16h30 next day
*if moving above 15 day ema trigger cancelled
*30 day ema below 60 day ema for primary direction
*20% trailing stop until breakeven then a higher high close your position out


**long trade trigger

**index closes above 15 day ema trade confirm
**green next day by 16h30 condition a
**if still above 15 day ema & red next day trigger still active & wait for green 16h30 next day condition b
**if moving below 15 day ema trigger cancelled condition c
**30 day ema above 60 day ema for primary direction stop loss & exit
**20% trailing stop until breakeven then a lower low close your position out
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cps please advise what indice instuments u trade on ost with this system thanx
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TOPI (top40), choose warrants, SSF, CFD's whatever. just keep your costs in mind when trading. Interest is a bugger if you dont factor it in.
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Frequent Contributor
whow thanks so you use 15 30 and 60 day exponential moving everage staying above and below 15 ema is the trigger points trend is confirmed by 30 and 60 ema BIG NEXT Q? How will this help me to trade shares if only works for indices or what indices can I trade?
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read the capitals, NOT DESIGNED FOR SHARES.... you could test it but has not worked for me on paper tests so dont use it for shares.
THIS SYSTEM IS DESIGNED FOR LOW RISK, PROFITABLE AND CONSIST TRADES...
you might loose a few but over a 12 month period you will be the winner.
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Frequent Contributor
Now Simon please give me a LAZY system to trade shares with?
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Super Contributor
Anyone out there making money on Simons Lazy system?
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Just started using it after plenty back testing. So far so good. Not massive profits but last entry and existafter costs taken into account, 4.7%(30 days) then 1.3%(7 days) then 2.4% (12 days), so far entry up 1.2% but no exist in site. Average 3.9% a month - if that happens 12 months average return 30%.... not bad I think
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Super Contributor
the same can be said for the entry point, change it from close to ave etc. or to open. i use a 1day delay. so the results are more realistic. also time periods (bull and bear) change the result. I do month by month and trend to trend and quart to quart for reliable results. aso monitor and change the MAs, Rsis, during those periods for better results. Then do a walk forward and paper trade find your actual entry points (o,c,h,l,a) change the BT formulas and see some amazing results. busy with a candle,ma,macd,stoch,rsi,darvasbox,sar hopefully a master program. very difficult to plot the actual and the forwardlooking on the same chart. The idea is it is written for 1 share only.
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Frequent Contributor
Looks like today will be my first entry following lazy system. If positive 16:30 today i buy.
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