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hayseed  
#1 Posted : Tuesday, May 10, 2005 2:08:10 AM(UTC)
hayseed

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 3/7/2005(UTC)
Posts: 1,346

couple thoughts here on system tests and improving trades….. for years i've had difficulty selling at the top or buying at the bottom….. wonder why that is….. anyway, my solution was to always ask for 50cents more and bid 50cents less…… that still never was the top or bottom but it was always seemed to be 4 bits closer….. meta provides us with that same setup in a enlightning way…… once you develop that system, run a test and check your trade efficiencies on the system test summary…. Trade Efficiency Average Entry 49.98 % Average Exit 52.93 % Average Total 2.91 % Average Long Entry 48.89 % Average Long Exit 52.93 % Average Long Total 1.82 % Average Short Entry 50.93 % Average Short Exit 52.93 % Average Short Total 3.85 % if there is some room for improvement, try changing your order type to limit and set your price, perhaps .4% under the bid….. if you can live without market orders , quarters do add up..... and meta can so you just how fast........h
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