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Author Topic: Lazy Trading System  (Read 11640 times)

Fawkes85

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Lazy Trading System
« on: August 30, 2015, 09:28:53 am »
Is/Has anyone ever used Simon Brown from Just One Lap's Lazy Trading system?

How is it working for you? If you used it and you stopped, why did you stop using it?

I am rather intrigued by it for a couple of reasons. So would love to hear your opinions on it.
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Orca

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Re: Lazy Trading System
« Reply #1 on: August 30, 2015, 08:53:36 pm »
I love Simon Browns method as I have used his method for years quite successfully and am now using his recommendations rather than my own as he is very much more knowledgeable than stupid old me.
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Fawkes85

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Re: Lazy Trading System
« Reply #2 on: August 31, 2015, 07:23:41 am »
Are you using the system only on the 4 or 5 ETFs that he uses it on or have you tried using it on other ETF's too?
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Patrick

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Re: Lazy Trading System
« Reply #3 on: August 31, 2015, 08:48:00 am »
I'm not one to recommend trading, in fact I think it's pretty dangerous, and a good way to give money back to the markets. But some people can apparently do it, and do it well. This guy for instance: http://www.bloomberg.com/news/articles/2015-08-28/while-many-panicked-japanese-day-trader-made-34-million
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Bevan

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Re: Lazy Trading System
« Reply #4 on: August 31, 2015, 10:34:23 am »
There is no such thing as a Lazy Trading System. Trading by its very nature is active. Investing is passive and can and should be done in a lazy way.

Trading requires watching volatility, momentum, sentiment and a host of other time-based criteria and market indicators and acting on them. With trading you need to beat taxes and brokerage fees at the very least. You also need to run profits at least 3x your losses. If you can do this then statistically you will make money.

Why? Because trading is a 50:50 bet each time. So if you run your 50% winners to 30% return each time and cut your 50% losers to 10% loss each time then you will make money statistically. Of course you will probably have more losers cutting out around 10% loss than winners reaching 30%. The problem is that most "traders" do the exact opposite. They run their losers and cut their winners. If you can master this psychological flaw then you will be almost as good as a bot. But don't expect a bank to hire or pay you because they don't have to pay their bots and their bots work 24x7.
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Fawkes85

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Re: Lazy Trading System
« Reply #5 on: August 31, 2015, 12:42:16 pm »
I understand where you are coming from but he has been using his Lazy Trading system for almost 10 years now. Might even be more than 10 years. I am not entirely sure. But either way he has been using that system for a long time and he says it has served him well. And I like it exactly because it doesn't require me to look at a whole host of indicators to make my trades. I have been spending a few months reading up on investing and all the successful investors tend to say the same thing: Keep it simple! You cannot get it more simple than this. Simon actually got it originally from an Australian who used 6 indicators in total and he whittled it down to three indicators exactly because he felt if you look at too many indicators there is too much noise confusing you.

But at the same I guess because it is so simple he only uses it for a select few ETF's and not for anything more. He doesn't use it at all for trading individual stocks.
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Orca

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Re: Lazy Trading System
« Reply #6 on: August 31, 2015, 01:45:37 pm »
Simon uses the term "trading" for stocks he holds for a year. He has no gearing and no CFD's or SSF's. His lazy method is to buy ETF's that just keep going up over many years like the STXIND. No research into management and fundamentals needed.
He has almost the same approach to single stocks. Stocks with good prospects and fundamentals that also keep going up. ADI and Woolies are in this category . He calls them Alpha and Beta Plus stocks. Alpha for great growth and Beta+ for better than average.

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