Scotland

So with the Scotland independence stuff happening real soon, I had toyed with the idea of closing all trades before hand in Z12, and allowing Zorro to put on fresh trades on the news. My reasoning for this is that Any moves that happen out of this are likely to be significant and have a lot of follow through, and wrongly positioned trades could take heavy losses. I also would be interested to see how quickly Zorro can react with a clean slate on something like this.

I've decided not to close all my trades, mostly because I just want to see what happens. But it got me thinking. Is there a way to measure or test the difference? Also, it would be interesting if you could turn off the counter trend part of Z12 for this, and just let the trend part stay on for a couple of days.

And now that I have said all this, probably the markets will not even react. In any case, if anyone has any thoughts on this please share.

Just a heads up, as you say in your last line. Things and happenings like the voting in Scotland usually don't affect prices that much, since the consequences some times already are reflected in the price before IT happens.

Of course some movements are to be expected when the data is being released.

Take care

Mothership, can I ask what your trading experience is?

Of course. Been interested in trading for a couple of years now. It started with common stocks when i took a job as customer service with a local bank. Pretty soon I got interested in more advanced things like derivatives and cfd's of course. Have read a couple of books and im following some blogs and so on. Have been doing some discretionary trading myself with good and bad results. So this has lead to that I have a decent knowledge about traditional indicators, charts and so on. But the powerfull tools like signal processing that Zorro offers, is till very new to me. And so is the programming, in some parts. How about you?

Hope you can read this, im typing with my iphone.

Cheers

Sounds good. Like you I started by trading in shares at home after work. Then some cfd's. Overall I've give other people a lot of money, and was pretty much going to give up for a while, but lately have gotten into Futures, with a bit more support and mentorship, and that is working out well for me. Zorro is my first play around with Algorithms. I understand the general principle of a lot of technical indicators but have never gone to the trouble of properly researching and understanding them. I find simply concepts, such as value, yield, mean reversion and support and resistance etc work better for me.

I find it interesting how broad the array of people are that get into trading. So many different backgrounds.