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OK even with 60% accuracy, what about stop placement? We aren't going to
try this without stops, are we? Tight stops, we definitely lose, loose
stops, we lose bigger sometimes, no stops we could lose the farm 40% of the
time. If extremely well capitalized with 60% winners, we could get richer!
Just my thoughts,
Steve
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> From: portales@xxxxxxxx
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: RE: Day Trading
> Date: Tuesday, September 09, 1997 2:14 AM
>
> Hi RT's ,
> My computer was down for a couple of days and took a break.
> So I had time for some reflection and have been wondering:
> Is it possible to think that, with all this advance in technology
> and trading systems everywhere, nobody ( this is an assumption )
> has been able to find a system capable of finding the position
> of the Close in relation to the Open?.
> Efrain R Portales
> Fort Worth
> efrain12@xxxxxxxxxxxx
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