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Mike,
What is "20/20 breakout trending trade system" ?
DT
--- In amibroker@xxxx, "mik954" <mik-u@xxxx> wrote:
> Dimitris,
>
> It's funny, but you would not had to use T/A at all or know any
> inside information to EARN this 10% (without commissions) on IBM
> stock. Just use simple 20/20 breakout trending trade system.
>
> Here is report for trading IBM stock from 1/1/02 to 4/22/02:
>
> Trade list for IBM
> Trade Entry date Entry price Exit date Exit price Position size Net
> Profit Equity value
> Out 1/2/2002 120.44 1/16/2002 117.56 0.00 0.00 1000.00
> Short 1/16/2002 117.56 3/4/2002 103.57 1000.00 119.01 1119.01
> Out 3/4/2002 103.57 4/3/2002 100.50 0.00 0.00 1119.01
> Open Short 4/3/2002 100.50 4/22/2002 88.95 1119.01 128.60 1247.62
>
>
> IBM Out 1/2/2002 1/16/2002 0.00 0.0%
> IBM Short 1/16/2002 3/4/2002 119.01 11.9%
> IBM Out 3/4/2002 4/3/2002 0.00 0.0%
> IBM Open Short 4/3/2002 4/22/2002 128.60 11.5%
>
>
> Thanks,
> Mike
>
> --- In amibroker@xxxx, "Dimitris Tsokakis" <TSOKAKIS@xxxx> wrote:
> > Some people may have an information about tomorrow?s bad news.
> > [10 M shares sold on Apr 5, the day before, with a -3.5% ]
> > The rest know later.
> > [41 M shares sold on Apr 6, -10% lower !!. This is the cost of
> information...]
> > Most of us, or all of us, belong to the second class. We know
later
> and, the funny
> > thing, sometimes we do not want to accept what we see all day
> long !!
> > Are we hopeless? Shall we pay a -10% everytime we have the lack
of
> information ?
> > It depends on the tools we use.
> > IBM clear Head&Shoulders [a well known bearish formation] was
> cutting its neckline
> > EXACTLY the day before.[point A]. You may speak for coincidence,
> for statistics etc. but, whatever
> > you say has a penalty of -10%. It is up to you to choose the T/A
or
> non T/A tools, when you trade
> > with your [real] money.
> > Dimitris Tsokakis
> > References
> > http://www.amibroker.com/library/detail.php?id=166
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