[quote=ThrowingCopper;50034
[COLOR=red]However, now the system starts growing more complex and is changing. The latest is some combo with Bollinger Bands. As people report more losses, the system will start changing yet again[/color] quote]
To be honest I dont think you really get it. I am not a great fan of systems but this is one of the more logical approaches to the market. If you are a systems trader it does need constant refinement and attention for an ever changing market (part of the reason I dont like them). It is often the case that few people other than the author can really use them successfully because the system has been developed to suit one person. My observation is that successful system traders use a great deal of discretion in their use of the system which is often not realised by themselves. I will not forget early in my trading career being with a colleague as she traded the ASX live and as she looked at the incoming bid/offer lines said this 'doesnt look right' and exited just before a big move against her. That wasnt in the system that she had been teaching us but separates the big winners from the rest in my opinion
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