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Well, here's a "system" that loses money:
1. Watch ticks on a real time feed.
2. "Sense" a 5-10 minute of low volatility.
3. Place brakout entry order above and below that (2) range.
4. Reverse positions on stop losses.
5. Or, hold on to losing positions until you get a margin call.
Does that help?
Tom Cathey wrote:
> Hi Everyone -
>
> Geez, after seeing all the fabulous results of winning traders and their
> wonderful "systems" I'm beginning to wonder where the so called 90% on the
> other side are hiding? Maybe they're all making money too....it's a new
> era!
>
> To balance the equation:
>
> How about some stories about how commodity trading has almost ruined my life
> and I haven't had a winning month in two years, nothing works anymore in
> these friggin markets, and all my trading stuff is for sale...
>
> Naw, just kidding.... :~)
>
> Tom Cathey
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