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Among other comments, Phsst noted one measure of a good system:
> Avg days held for profitable trades is more than twice that of avg
> days held for unprofitable trades. (This translates into risk
> management where losses are cut early.)
Agreed, of course, but this reflects the thing I personally have found most
difficult to achieve--an efficient exit strategy. Vastly more difficult
than getting into a trade.
Owen Davies
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