Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Simons lazy system....

Reply
Not applicable
Can some one please explain Simons lazy system... I've seen it mentioned the last few week weeks, but are not sure what they are referring to. Has it been posted before? How do I search the forums? Cheers
0 Kudos
27 REPLIES 27
Not applicable
Also interested in this topic, look forward to hearing about it. Thanks
0 Kudos
Not applicable
*short **long trade trigger *close below 15 day ema **close above 15 day ema trade confirm *red next day by 16h30 **green next day by 16h30 condition a *if still below 15 day ema & green next day trigger still active & wait for red 16h30 next day **if still above 15 day ema & red next day trigger still active & wait for green 16h30 next day condition b *if moving above 15 day ema trigger cancelled **if moving below 15 day ema trigger cancelled condition c *30 day ema below 60 day ema for primary direction **30 day ema above 60 day ema for primary direction stop loss & exit *20% trailing stop until breakeven then a higher high out **20% trailing stop until breakeven then a lower low out there are certainly more "conditions" as is the case at the moment with 30/60 ema crossover, simon hope i'm not intruding on your turf, this is a compilation of what i've picked up over time
0 Kudos
Regular Contributor
now thats exactly how i interpretted his lazy system
0 Kudos
Valued Contributor
no special conditions .. important word is lazy .. an once in I ignore all the ema's and just focus on price .. so last tarde, sure the 30/60 crossed, but I was in and ignored until exit strategy was meet, which in this case was stop loss ..
0 Kudos
Regular Contributor
Hi, could you email me this in a clearer format please - I am really battling to work the logic out in a flowchart (simple me!). Address is [email protected] Many thanks
0 Kudos
Not applicable
I did some backtesting on your system to 2007 and its been quite profitable... Good one, thanx Simon. This might make me back all those overinflated bank costs SBSA have been charging me over the years. The only place the system treads water a bit is in a sideways market, in a narrow range. It needs trending markets to really rake in the points.
0 Kudos
Valued Contributor
ya, tis a directional system ..sideways an it hurts .. I been tradin git since jan 2005 an works a treat .. specially as it fills the most important aspect -- lazy ..
0 Kudos
Super Contributor
Why dont we nominate a share or index as an exercise fo this system. Any suggestions.
0 Kudos
Super Contributor
This would be the closest any forumite got to stealing my name!
0 Kudos
Valued Contributor
only worls for indices .. needs less volatility .. an only gives about 10 trades a year .. remember the lazy part ..
0 Kudos
Super Contributor
Morning Simon.. Since I am into lazy..please post when I am must buy and where my stop should be. The less I know the less I think. The less I think the less chance of me messing with a winning stratergy. Ta in advance.
0 Kudos
Valued Contributor
now that's my kinda lazy ..
0 Kudos
Not applicable
Thanks for the information guys :)
0 Kudos
Zettie_1
New Contributor
So, if it only works for indices, any lazy system recommended for other shares?
0 Kudos
Valued Contributor
ya, ignore them .. just trade the index ..
0 Kudos
starcall
Occasional Contributor
Hi Simon, How do you search for indices to trade. In my "find or trade shares" I can look for shares, SSF & warrants. Where do I go for indices?
0 Kudos
Valued Contributor
only one I bother with - the topi - an I use warrants, one could use stx40 ssf's .. you could also use stx ssf's on resi, indi an fini ..
0 Kudos
Super Contributor
not lazy enough, if he's typing his own posts.
0 Kudos
Highlighted
Super Contributor
Hozit DST.. Ya I think I should get Simon to adjust my stops..infact while I am about it prehaps if I am really lazy and persuasive I can get him to use his cash for me as well.
0 Kudos