days-in-trade

["Walter Lake" <wlake@xxxxxxxxx>]

Enclosed is the data and a chart of the long winner trades from 1972 S&P
data. The thick red line is the average or mean.

This basic type of analysis shows a history of your actual experience in a
trade. Those trades above the mean you might want to add to. Those trades
that move below the mean you might want to close out the trade profit.

Standard Deviation bands can also be used. This chart gives you a horizontal
perspective on the days-in-trade progression.

Vertical perspectives are also possible at specific Days for adds or proven
correct.

====================

Re risk: there is a difference between the risk of a trade being described
as the price or margin of the trade and the Sigma 3, 4 or 5 risk of limit
moves for futures or event day moves for stocks.

2% of capital as price is not the same as 2% of capital as risk.

Best regards

Walter

Attachment Converted: "c:\eudora\attach\LongWinners.zip"