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Since I switched to entering the opening trade at a limit order the trades
have gone pretty much as he lists them at his site: www.dallasdaytrader.com
. His theoretical results figure in $25 commission and $25 slippage.
Obviously there has been very slippage on the winners, but the losers I have
experienced anywhere from 0 slippage to 1 full handle - probably averages 2
to 4 ticks on all losers.
I started in April and am up about $4k on one contract, the last 3 weeks
really did a number on the account.
>-----Original Message-----
>From: Nixon(MLS) <mbjp57@xxxxxxxxxxxxxx>
>To: Charles Turner <cturner002@xxxxxxxxxxxxxx>; omega-list@xxxxxxxxxx
><omega-list@xxxxxxxxxx>
>Date: Thursday, July 08, 1999 12:37 PM
>Subject: Re: Tom Jackson
>
>
>>Charles, If it is not too much trouble, do you have some numbers as to how
>>it has gone real time/real money? i.e. gross profit, gross loss, win
>loss
>>ratio, number of trades etc?
>>
>>Many thanks if you can but understand if too much hassle.
>>
>>regards
>>
>>Philip
>>
>>
>>-----Original Message-----
>>From: Charles Turner <cturner002@xxxxxxxxxxxxxx>
>>To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
>>Date: 08 July 1999 18:03
>>Subject: Re: Tom Jackson
>>
>>
>>>
>>>
>>>
>>>I do. A lot of his trades are sell/buy on the open. As you know the open
>>can
>>>be very volatile, and I suffered a lot of slippage until I wised up and
>>>managed my open. IOW I now wait until the open and then place a limit
>trade
>>>at the opening price. The market has left me behind only once since
>>starting
>>>to do this. Then I place an OCO order to either get stopped out or sell
>out
>>>at target. Then you don't have to worry about it the rest of the day.
>>>However, before 3 weeks ago he had never had 4 losing trades in a row. In
>>>the past 3 weeks he had 2 streaks of 4 losers in a row. I'm kind of
>>watching
>>>it to see if the system is breaking down but am hanging in for now.
>>>
>>>>-----Original Message-----
>>>>From: itradesp@xxxxxxxxxxx <itradesp@xxxxxxxxxxx>
>>>>To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
>>>>Date: Thursday, July 08, 1999 10:27 AM
>>>>Subject: Tom Jackson
>>>>
>>>>
>>>>Anyone trading Tom Jackson's daily S&P signals??
>>>>
>>>>
>>>>
>>>>
>>>
>>
>>
>
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