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Simons Lazy Trading System

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jack12
Super Contributor
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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13 REPLIES 13
jack12
Super Contributor
as written courtesy CPS, produced by SPB
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Nicely cut and paste version ;-)

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

*short trading trigger

*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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coolwaters
Occasional Contributor
When setting (and triggering) the stop loss, do you only consider the closing price or the intraday price?
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this system ONLY works at closing price. You can change it to be intra day but that is your choice.
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what do u mean by: condition a condition b condition c
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CPS, do u mind sharing your secret of how u keep the paragraph structure of your posts?
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Simple HTML: for a single break add "
" for a double break add "

"and so on...exclude the "" obviously...
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rats lets try that again.... that should be a "br" between <>
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Ok lets see:.<"br"> xxxx
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Seems that a few other html tags are disabled.
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