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Mark,
I will second that. I am intersted in your calculations of the
probability of a successful reversal.
Walt Downs
CIS Trading Cos.
Timothy Morge wrote:
>
> Mark Brown wrote:
> >
> >
> >
> > If you trade against the trend like most of my programs do, you can document
> > that if you apply not only good money management but a reversal : you will
> > recover the loss you just incurred. The trick is to know your market and
> > understand the probability of the reversal working, only a computer can do
> > this. A human can not with great dependability feel the velocity and
> > acceleration of market movement. A computer can keep track of all of these
> > factors with great accuracy.
> >
> > MB
>
> Mark:
>
> You have really caught my attention with your reply about systems that are
> written to trade agaisnt the trend and their ability to analyze the probability
> of a reversal working. I'd like to hear more about what types of 'systems' and
> indicators you can use when building a system to trade against the trend and how
> you can tie in velocity and acceleration.
>
> I know what's it like intuitively, and you're right: You have to really be in
> tune with a market and yourself to stop and reverse and recapture the capital
> from those losers on a regular basis. I'd love to hear even a little about what
> types of things a system 'looks' at to do this.
>
> Best,
>
> Tim Morge
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