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In a message dated 99-05-16 11:35:08 EDT, you write:
<< > Do you only trade long? If so - 66% profitable in a booming bull market
ought
> to give one pause. What will happen when the booming bull market ends?
Robyn >>
Isn't the percentage profitable more a question of the type of system? If
it's a trend following system--especially if it's always in the market, stop
and reversal--then 66% would be a great percentage profitable. 66% is more
like a pattern buy of some type or a volitility breakout entry. A trend
following system could have 45% in a bull market and still make out like a
bandit because of a few huge wins. Isn't that so?
Jim
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