AI
Monday, November 22, 2010 1:33:53 AM
TooFuzzy,
I didn't think you were delaying the trades. I thought you were taking them at each step.
As far as the Ladder Concept is concerned there the cases that the price goes (1)to the top of the Trading Range(TR) and (2) to the bottom of the TR. . .if there are no reversals then I have a choice to trade every step. . .(I have 5 steps up and 5 steps down). . . or if I see it fit I can skip a trade and delay the the action so that it gets closer to the limit. Lets assume I do not skip any steps.
Then if the price is 3/4 to the top and I have done a large sell all I can do is wait to see what happens. If the price reverses 1 step there is no Buy Advice. I have to think of some action. The price sits in the ladder for selling! I have several options:
A To Buy
A1 I could buy an amount that is adviced my the normal Buy Advice. . .I am running my regular AIM algorithm anyway with the parmeters that I judge correct for the case. The Ladder structure is an Overlay Manger!;
A2 I could do a buy of the same value as the amount I sold at the previous higer price so I increase the number of shares substantially, but the previous sell was a large one and I think it is better to preserve some cash to do the buying at a lower price using a bit of delay;
A3 I could simply delay buying when the price reaches the Mid Point and the it is a piece of cake. . .I am bacj at the starting point and I do a Reset.
B Not to buy and to wait more than in A3: Delay the Buy for a lower level and start buying say at step 2 or 3 below the Mid Pont
As you may have noticed over the years I an very fond of intervening with the system when I see fit. . .I would use "filters" that are in my head and when I think it is the right thing to do something I just do it. My AIM is not a Trading Robot.
Buying at a lower level . . .maybe at the bottom. . .makes sense! On the way up from the bottom I use the same arguments. To Sell or not to Sell, at any Step.
TooFuzzy,
I didn't think you were delaying the trades. I thought you were taking them at each step.
As far as the Ladder Concept is concerned there the cases that the price goes (1)to the top of the Trading Range(TR) and (2) to the bottom of the TR. . .if there are no reversals then I have a choice to trade every step. . .(I have 5 steps up and 5 steps down). . . or if I see it fit I can skip a trade and delay the action so that it gets closer to the limit. Lets assume I do not skip any steps.
Then if the price is 3/4 to the top and I have done a large sell all I can do is wait to see what happens. If the price reverses 1 step there is no Buy Advice. I have to think of some action. The price sits in the ladder for selling! I have several options:
A To Buy
A1 I could buy an amount that is advised my the normal Buy Advice. . .I am running my regular AIM algorithm anyway with the parameters that I judge correct for the case. The Ladder structure is an Overlay Manger!;
A2 I could do a buy of the same value as the amount I sold at the previous higer price so I increase the number of shares substantially, but the previous sell was a large one and I think it is better to preserve some cash to do the buying at a lower price using a bit of delay;
A3 I could simply delay buying when the price reaches the Mid Point and the it is a piece of cake. . .I am back at the starting point and then I do a Reset.
B Not to buy and to wait more than in A3: Delay the Buy for a lower level and start buying say at step 2 or 3 below the Mid Pont
As you may have noticed over the years I an very fond of intervening with the system when I see fit. . .I would use "filters" that are in my head and when I think it is the right thing to do something I just do it. My AIM is not a Trading Robot.
Buying at a lower level . . .maybe at the bottom. . .makes sense! On the way up from the bottom I use the same arguments. To Sell Or not to Sell, at ant Step.
All the suggestions of others for Resetting the system with the type of ladder I have do not seem to be workable. As long as the price does not escape the trading channel there is no need to Reset The Mid Point or at least I do not see why I should.
It is a different issue if the trading range has shifted. Then I shift the Mid Point accordingly when the price is at the new Mid Point.
Bit by bit the thing I want to do becomes clearer and clearer in my head
Holy smokes. . .it is 7:37 AM and I have been working this and on the optimization of the USD/EUR portfolio since yesterday afternoon!
I didn't think you were delaying the trades. I thought you were taking them at each step.
As far as the Ladder Concept is concerned there the cases that the price goes (1)to the top of the Trading Range(TR) and (2) to the bottom of the TR. . .if there are no reversals then I have a choice to trade every step. . .(I have 5 steps up and 5 steps down). . . or if I see it fit I can skip a trade and delay the the action so that it gets closer to the limit. Lets assume I do not skip any steps.
Then if the price is 3/4 to the top and I have done a large sell all I can do is wait to see what happens. If the price reverses 1 step there is no Buy Advice. I have to think of some action. The price sits in the ladder for selling! I have several options:
A To Buy
A1 I could buy an amount that is adviced my the normal Buy Advice. . .I am running my regular AIM algorithm anyway with the parmeters that I judge correct for the case. The Ladder structure is an Overlay Manger!;
A2 I could do a buy of the same value as the amount I sold at the previous higer price so I increase the number of shares substantially, but the previous sell was a large one and I think it is better to preserve some cash to do the buying at a lower price using a bit of delay;
A3 I could simply delay buying when the price reaches the Mid Point and the it is a piece of cake. . .I am bacj at the starting point and I do a Reset.
B Not to buy and to wait more than in A3: Delay the Buy for a lower level and start buying say at step 2 or 3 below the Mid Pont
As you may have noticed over the years I an very fond of intervening with the system when I see fit. . .I would use "filters" that are in my head and when I think it is the right thing to do something I just do it. My AIM is not a Trading Robot.
Buying at a lower level . . .maybe at the bottom. . .makes sense! On the way up from the bottom I use the same arguments. To Sell or not to Sell, at any Step.
TooFuzzy,
I didn't think you were delaying the trades. I thought you were taking them at each step.
As far as the Ladder Concept is concerned there the cases that the price goes (1)to the top of the Trading Range(TR) and (2) to the bottom of the TR. . .if there are no reversals then I have a choice to trade every step. . .(I have 5 steps up and 5 steps down). . . or if I see it fit I can skip a trade and delay the action so that it gets closer to the limit. Lets assume I do not skip any steps.
Then if the price is 3/4 to the top and I have done a large sell all I can do is wait to see what happens. If the price reverses 1 step there is no Buy Advice. I have to think of some action. The price sits in the ladder for selling! I have several options:
A To Buy
A1 I could buy an amount that is advised my the normal Buy Advice. . .I am running my regular AIM algorithm anyway with the parameters that I judge correct for the case. The Ladder structure is an Overlay Manger!;
A2 I could do a buy of the same value as the amount I sold at the previous higer price so I increase the number of shares substantially, but the previous sell was a large one and I think it is better to preserve some cash to do the buying at a lower price using a bit of delay;
A3 I could simply delay buying when the price reaches the Mid Point and the it is a piece of cake. . .I am back at the starting point and then I do a Reset.
B Not to buy and to wait more than in A3: Delay the Buy for a lower level and start buying say at step 2 or 3 below the Mid Pont
As you may have noticed over the years I an very fond of intervening with the system when I see fit. . .I would use "filters" that are in my head and when I think it is the right thing to do something I just do it. My AIM is not a Trading Robot.
Buying at a lower level . . .maybe at the bottom. . .makes sense! On the way up from the bottom I use the same arguments. To Sell Or not to Sell, at ant Step.
All the suggestions of others for Resetting the system with the type of ladder I have do not seem to be workable. As long as the price does not escape the trading channel there is no need to Reset The Mid Point or at least I do not see why I should.
It is a different issue if the trading range has shifted. Then I shift the Mid Point accordingly when the price is at the new Mid Point.
Bit by bit the thing I want to do becomes clearer and clearer in my head
Holy smokes. . .it is 7:37 AM and I have been working this and on the optimization of the USD/EUR portfolio since yesterday afternoon!
Conrad Winkelman
What is Vortex AIMing? Look for my Vortex Discussion Forum:
http://investorshub.advfn.com/boards/board.asp?board_id=1341
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