Stocks & Commodities V. 26:2 (72): Futures For You by Dan O’Neil

Stocks & Commodities V. 26:2 (72): Futures For You by Dan O’Neil
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Futures For You by Dan O’Neil

WORKING THE SYSTEM

Do you believe the claim that some system marketers use that their system works across all time frames and all types of futures (emini indexes, grains, softs, energies, and so forth)? Have you ever seen or heard anything that indicates that this could be true?—Randy Glick

Before we jump into the verity of published trading results, let’s start by taking a look at just what a trading system is. Trading systems — also known as “black boxes” — use a set of rules or computer algorithms to decide when and what to buy or sell, with exit and entry criteria based on parameters that have been validated by historical testing on quantifiable data. The trading criteria for a particular system can include all kinds of technical indicators, chart patterns, volume, open interest, and even fundamental factors.




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