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Re: True Range Volatility Breakout



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Andy:

What can you tell me and the group about "Abberation".
Forgive me if this has been previously discussed to death,
but I hear some excellent feedback on this system.

Charles.

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> From: angus@xxxxxxxxxxxx
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: Re: True Range Volatility Breakout
> Date: Wednesday, April 29, 1998 6:00 AM
> 
> This was an excellant post and really highlights trading by Scott 
> Billington.  There are only a few 
> systems of commercial nature that can hold up over time.Futures 
> magazine listed those systems in July 97.( The 10 best systems.) 
> Another important issue to realize there is no holy grail. Money and 
> success are made over a period of time .. and DISCIPLINE IS THE KEY. 
> Even these best 10 systems have flat days on average of greater than 
> 150 days. Traders must believe in their systems and follow them 
> througth hell and high water. 
> This is what delinates success and failure. I have seen clients have 
> systems that stand the possibilty of pulling out profits but they 
> don't have the fortitude to stick out the envitable drawdowns. 
> Great Post Scott..
> 
> Andy Abraham cta
> Angus Jackson
> www.angusjackson.com