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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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