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Re: Denise's System


  • To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
  • Subject: Re: Denise's System
  • From: Denise Beebe Throntveit <foremost@xxxxxxxxxxxx>
  • Date: Fri, 20 Feb 1998 13:12:26 -0800 (PST)
  • In-reply-to: <199802202034.PAA10760@xxxxxxxxxxxxxxxxx>

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At 03:34 PM 2/20/98 -0500, you wrote:

Hello Phil and all.

I don't mind your questions at all.

>What's your profit target? What's your time 
>frame?  What's your exit point?


Program calculates a "trading area" and then I look for an accelerated move
out of that area tempered with ADX.  Looking to capture momentum and then
skate for a bit until prices settle down.

Initial risk 4 1/2 basis points -- so, in at 1029 -- stopped out at 1033.5.
 OUCH.  Once reach a degree of profits adjust stops.

Believe it or not Trinity claims long from 1035 is a good idea although
Friday afternoon at 3:00 -- don't think so.  But, the system says buy.  So,
much for discipline.  Trades last anywhere between 1/2 day and 2 days.
This is rare.  

Trinity -- I need triple confirmation.  The other would be sacriledge ...
hmmm a good Scandihovian like me.  (nice idea though).  :)

 >
>I'm sure you know all this, but unless you tell us, we have no way of 
>judging the effectiveness of the (holy) Trinity (or are you referring 
>to the A Bomb project during the war?).
>
>Anyway, good luck and good trading.
>
>Phil
>

Thanks 

Denise
Denise Beebe Throntveit
President
FOREMOST FUTURES. LTD.
223 West Jackson  Suite 600
Chicago, IL  60606
800-227-0335
EMail: foremost@xxxxxxxxxxxx