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Old 07-15-2008, 07:17 AM
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dpaterso dpaterso is offline
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Join Date: Mar 2007
Location: Johannesburg, South Africa
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Well.

Good (Tuesday) morning all!!!

It would FINALLY appear that I've got my workstations running 'real smooth' again!!! (It's funny: the last time I had 'computer issues' I seem to remember a few others having 'computer issues' at EXACTLY the same time as well)!!!

Randon: just watch out with rebooting all the time (and make SURE you've got a backup workstation). This is exacty what started my 'computer issues' off on Saturday i.e. I've got two Viewsonic 19" LCD monitors and it turns out that this model has inherent problems with something or the other. One 'packed up' and was sent away to be repaired under warranty and I continued to use the other one until on Saturday it started to do the same thing i.e. would not start up. So: I just continued to reboot (after shutting down 'blind') my 'main' workstation UNTIL I got a display but by the time this happened I'd messed up the registry. I then decided to sort out my ENTIRE network and workstations so things are good now!!!

Now:

You know what folks???

The more I sit and watch and work with these systems the more I'm starting to believe that the VS/VSTOPS and the DMS are 'top of the pops'. They are the only two systems that don't have you sort of 'hanging on every little subtle nuance of price change' all day every day!!! It could be (at this late stage) that maybe I've ALWAYS been wrong in my thinking of 'the more complicated things are the better they should perform'!!! I've spent a good deal of time lately (computer 'nonsense' aside) analysing a whole bunch of VS/VSTOPS/DMS trades. One that REALLY 'sticks out' OF COURSE is AUD/NZD!!! If you take a look at that pair since the very beginning of it's uptrend some weeks ago you'll note that the VS/VSTOPS (with a 'constant' of '3.1') would have gotten you in very near the bottom AND YOU'LL STILL BE IN THAT TRADE LONG (well at VERY worst case you MAY have stopped and reversed ONLY ONCE and THAT would have depended on whether you're following 'my method' of trading the VS/VSTOPS or stopped and reversed at market as per 'the book'). That is a WHOLE PILE of $$$ WHICHEVER way you 'played it'.

Now I DO KNOW that I'm 'guilty' of 'chopping and changing my mind' every so often but I've got to continually re-evaluate what's working (well) and what's not so that's why I post my 'current take' on things. In other words: I don't intend confusing anyone here!!!

At the same time I've also looked at the SIS AGAIN and it is now starting to appear to me that the 'key' to the SIS trades are the 'SIGNIFICANT' HSP's and LSP's not just the 'NORMAL' HSP's and LSP's. The 'NORMAL' HSP's and LSP's are what appear to cause the majority of 'false' SAR's AGAIN no matter whether you're using 'my method' of placing SAR orders or placing orders as per 'the book'. I've mentioned this before and I THINK I'm STILL right though: a 'SIGNIFICANT' HSP or LSP is the highest HSP or LSP formed DURING THE PREVIOUS (VIRTUAL???) TRADE. Being able to recognise or 'pick' the HSP's or LSP's on THIS basis appears to make the world of difference. DO you, however, need the 'aggravation' is the question!!!

Of course (as I'm sure that everyone agrees): the VS/VSTOPS and DMS require 'truckloads' of 'patience and restraint' and lack thereof (I reckon) will be the major 'stumbling block' for many with these systems.

I also have to say that right now my 'mettle' is being tested to the 'nth degree' with just about everything I'm doing. AUD/NZD I just have to 'wait out now' until I get a signal to short it again and 'resell' all the lots I've had to 'dump' and the chances are that means I'm going to wait for a valid VS/VSTOPS signal to go short (or possibly a DMS signal). As for my equities positions (the Dow and some financial stocks) I'm (again) using the VS/VSTOPS or DMS to track the trades. Had I been using the SIS for this I'd be 'taking a bath with my clothes on' as they say in the classics!!!

Anyway: after all said and done I'm 'back on it' and will be back on YM again too. I'll be answering all my emails once I've submitted this post.

Later.

Last edited by dpaterso; 07-15-2008 at 07:20 AM.
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