|
PureBytes Links
Trading Reference Links
|
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
I'll look at
B&B type situations as part of another setup, but I don't find them
reliable enough to trade on their own.
I disagree.. Someone recently told me they are working 90% of the
time. The ones that don'twork are low-risk most often.
OK. I'm going back through my study of
about 300 of them that I picked out prospectively - when they looked like they
were about to cross the 3x3 - weed out the ones that I know you would tell me
didn't have 135 bar thrust, throw out the ones that were other than standard
length thrust (two and three day bars found on TC2000), and see if I just
looked at things the wrong way. I've been known to do that. :-)
But I do tend to learn eventually.<FONT face=Arial
size=2>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
Do you keep any statistics of your own on the
reliability of the setup?<FONT face=Arial
size=2>
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
Based
on what you've described, you need more than what's in the book to make them
work.
What's missing?
I think I was referring to the way you described
your trend trade of PAYX after the daily B&B didn't work out. I
think you described strategies that weren't included in the book.
I appreciate you going through all this
stuff. I might get there yet.
One quick question. Other than the time
factor, do you have a standard failure point for a B&B trade? That
question itself may display some of my misunderstanding.
Thanks again.
Kevin
<FONT face=Arial
size=2>
eGroups Sponsor
To unsubscribe from this group, send an email to:
dlevels-unsubscribe@xxxxxxxxxxx
|