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Guy,
Are the profit factors annualized?
pwl
--- Guy Tann <grt@xxxxxxxxxxxx> wrote:
> The missing profit factor is 65% return on total
> capital or 200% return on
> margin, depending upon how you want to calculate it.
>
> Guy
>
> Paranoia...you only have to be right once to make it
> all worthwhile!
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Macromnt@xxxxxxx
> Sent: Thursday, May 11, 2000 12:20 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Bear Market
>
> Hi to all:
>
> Sorry I don't have always time to read all very
> interesting posts. I just
> noticed that I was part of some of some the last
> ones.
>
> Furst I must apologize : maybe may English sometimes
> do not express well my
> thought. I guess that you understood that this is
> not my native language.
>
> Nevertheless I stick with the word BEAR to
> caraterize the stock market. I
> recognize that my definition of a bear market may be
> simplistic: it's a
> market that makes lower high and lower lows. The
> Euro is for instance in a
> strong bear market and you could safely sell the
> rebound this morning. The
> S&P and the Nasdaq are clearly in a bear market as
> well. I have no idea when
> it will end (even if I think that it will not be
> before the uncertainty
> about
> interest rates is over, but that is of no help) and
> I don't care very much.
> BEAR is not a four letters word to me and I don't
> see why it should be. The
> day the Euro will reverse course I will lose money
> but it's very likely that
> I will not give back the money that I have made
> since I started to short the
> Euro. The point that I wanted to make is that It's
> much more conformable to
> trade with the trend. I am in this business since
> 1972 and trading with the
> trend allows you some mistake while trading against
> the general trend does
> not leave any room for mistake.
>
> I guess that I also missed an another post because
> when I read about 70%
> successful trades I wander what's the profit factor.
> One number without the
> other is not a useful information.
>
> Good trading to all.
>
> Jean Jacques
>
>
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