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So how do you make any money? Can you share a track record with us?
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> From: GREHERT@xxxxxxx
> To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
> Subject: 4% System Exits.
> Date: Wednesday, June 24, 1998 11:04 PM
>
> The 4% system just got a signal to sell its position at the open Thursday
> 6/25, for ~ a 4 % profit. It went long on Tuesday, 6/16 @ the close,
1087.59.
>
> As you recall, the 4% system BUYS when the S&P corrects 4% and then goes
up.
> It sells if (a) it rises 4%, (b) it drops 4%, or (c) it crosses below a
> parabolic.
>
> The SuperChart code is as follows:
>
> IF: C[1]< .96* HIGHEST(H,15)[1] and c>c[1]
> then: BUY this bar on the Close
>
> IF: C<.96*(EntryPrice) OR C CROSSES BELOW PARABOLIC(.00175) OR
> maxPositionProfit> .04* EntryPrice
> then: EXITLONG next bar at the market
>
> Profitable 78% with an average trade profit of 9.10 S&P points (back to
1984).
>
> Best Regards,
>
> Jerry Rehert (grehert@xxxxxxx)
> Atlanta, GA
> @ 10:36 pm, June 24th, 1998
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