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Mark Brown wrote:
> 1.) If you are a position trader who makes 5-15 trades a year following a "TREND" method. One probably should not throw out the big winning trades I would agree. After all that is what the system is designed to do.
>
> 2.) If you have a system that trades perhaps 50 to 125 trades a year and these average trades are dependable in size.
Dear Mark:
If you make 50 to 125 "position" trades (one's you dislike) there
average size will be as dependable as the size of the scalping trades.
And in the case of "position" trades you are still better off "throwing
out" "unusually" big (small) trades. Let suppose you catch up 87 crash
on the "right" side, you could not count on repeating such trade even 5
times a year.
As a side note: every one I know had predicted the 87 crash but was on
vacation and because of it did not "catch it". Only one of my friend did
catch it (but on the wrong site).
And no one should worry about making special efforts to donate the big
winners to the broker. If you trade long enough it will be done
automatically.
Yours, Alex.
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