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I have to agree there, scale trading is a very "dangerous" tactic, be very
carefull.
Test any system on "1 contract" only and see how it does (or max. X
positions but not too many).
This type of trading requires "unlimited" resources and much patients (wait
and see if "some day" it comes back to more favorable prices).
Who likes margin calls ?
Robert
If it looks too good to be true than is always is ......
This reminds me of a test a did with TS's code for trailing stops. Wow, that
worked great on daily bars.
Only a shame that intraday those symbols would hit the "trailing" pullback
%/price several times and hence would invalidate that system.
Or P&F charts with a volatility breakout.
Any more ?
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Robert Linders
Orlando, FL
email: mugsnug@xxxxxxxxx
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----- Original Message -----
From: "Mark Brown" <markbrown@xxxxxxxxxxxxx>
To: <mark.keenan@xxxxxxxxxxxxxx>
Cc: <fritz@xxxxxxxx>; <omega-list@xxxxxxxxxx>
Sent: Wednesday, December 12, 2001 11:52 AM
Subject: Re: Opinions on this system??
>
>
>
> Hello mark,
>
> ok well just saw the max contracts 13. which proves my point about
> scale trading. adding onto a loosing is not my idea of a good system.
>
> besides anyone can look at a chart and build a system to do that!
>
> just pick the long term trend and if its up just keep buying no matter
> what. m
>
> mkuac> The system only has one input - and to be honest works almost the
same on
> mkuac> all values.
>
> mkuac> The drawdown problem I guess could be fixed with stop.
>
> mkuac> Thanks everybody for advice - will work further on it.
>
> mkuac> I have not actually traded it at all!
>
> mkuac> Mark
>
>
>
>
> --
>
> Have a Great Day, Mark
>
> http://www.markbrown.com
>
>
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