http://theessentialsoftrading.com/Blog/index.php/2008/11/04/which-trading-systems-should-i-use/ Information and resources for those looking to learn about trading and the markets Sat, 04 Feb 2012 14:17:59 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://theessentialsoftrading.com/Blog/index.php/2008/11/04/which-trading-systems-should-i-use/#comment-13025 John Wed, 05 Nov 2008 14:30:03 +0000 http://www.theessentialsoftrading.com/Blog/?p=656#comment-13025 krasimir - You hit on the additional points which need to be considered, and I'm glad you did. I'd meant to include them when I wrote up this post, but forgot in the end. All else being equal, you definitely want to pick the higher timespan expectency, but things are rarely equal. krasimir – You hit on the additional points which need to be considered, and I’m glad you did. I’d meant to include them when I wrote up this post, but forgot in the end. All else being equal, you definitely want to pick the higher timespan expectency, but things are rarely equal.

]]> http://theessentialsoftrading.com/Blog/index.php/2008/11/04/which-trading-systems-should-i-use/#comment-13022 krasimir Wed, 05 Nov 2008 13:32:24 +0000 http://www.theessentialsoftrading.com/Blog/?p=656#comment-13022 I think that it also depends on trader's comfort zone for trading. It's not mandatory that higher expectancy system is better to trade. For example, a higher expectancy system might require trading more frequently, holding positions longer, having longer drawdowns, etc. Those prerequisites might be a cause for more trading mistakes and hence deteriorated performance. That's why I think that the trader might choose between systems (with positive expectancy) that he/she is more comfortable with. In other words, a system that the trader would follow with as less as possible mistakes. I think that it also depends on trader’s comfort zone for trading. It’s not mandatory that higher expectancy system is better to trade. For example, a higher expectancy system might require trading more frequently, holding positions longer, having longer drawdowns, etc. Those prerequisites might be a cause for more trading mistakes and hence deteriorated performance. That’s why I think that the trader might choose between systems (with positive expectancy) that he/she is more comfortable with. In other words, a system that the trader would follow with as less as possible mistakes.

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