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Re: question about stops



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<DIV><FONT color=#000000 size=2>Group:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>The idea about exiting if the trade does not go in your favor 
after a certain</FONT></DIV>
<DIV><FONT size=2>number of bars is also taught by Joe Ross.&nbsp; Actually, he 
probably got the</FONT></DIV>
<DIV><FONT size=2>idea from DiNapoli!&nbsp; Ross says to give it three (3) 
bars......</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Chas</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Ira &lt;ist@xxxxxx&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Tuesday, April 13, 1999 10:22 AM<BR><B>Subject: </B>Re: question about 
    stops<BR><BR></DIV></FONT>It appears that you are subconsciously utilizing a 
    time cycle.&nbsp; If you are exiting on the fourth bar, I would guess that 
    you are looking at a cycle of&nbsp; ~8 bars .&nbsp; Have a good day.&nbsp; 
    Ira 
    <P>Earl Adamy wrote: 
    <BLOCKQUOTE TYPE = CITE>&nbsp;<FONT color=#000000><FONT 
        size=-1>Immediately is probably a stretch, but I've found that no matter 
        what time frame I'm day/position trading, a trade which does not move my 
        way within a few bars is probably going to end up going against me. As a 
        general guideline (not rule), I use 4 bars or out - not sure where I 
        picked that up, may have been DiNapoli. Generally, once I start hoping 
        that the trade is not going to go for my stop, it generally does. It's a 
        guideline rather than a rule for me because the circumstances and entry 
        will vary from trade to trade e.g. a trade off a reversal needs to 
        explode my way while I tend to be a bit more patient on entry into 
        consolidation of an existing trend.</FONT></FONT>&nbsp;<FONT 
        size=-1>Earl</FONT> 
        <BLOCKQUOTE 
        style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><B><FONT 
            face=Arial><FONT size=-1>-----Original 
            Message-----</FONT></FONT></B> <BR><FONT face=Arial><FONT 
            size=-1><B>From: </B>Linda Swope &lt;<A 
            href="mailto:lswope@xxxxxxxxxxx";>lswope@xxxxxxxxxxx</A>&gt;</FONT></FONT> 
            <BR><FONT face=Arial><FONT size=-1><B>To: </B>RealTraders Discussion 
            Group &lt;<A 
            href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A> 
            &gt;</FONT></FONT> <BR><FONT face=Arial><FONT size=-1><B>Date: 
            </B>Sunday, April 11, 1999 1:19 PM</FONT></FONT> <BR><FONT 
            face=Arial><FONT size=-1><B>Subject: </B>Gen: question about 
            stops</FONT></FONT> <BR>&nbsp;Is anyone trading whereby the trade 
            must prove itself immediately or you're out?&nbsp; I've tried super 
            tight stops and,yes, I kept getting stopped out immediately.&nbsp; 
            I've tried generous support as stops and it blew right 
            through.&nbsp; I want to take into account some market noise, but if 
            I think I just bought into a change of trend (after a small 
            retracement) and the trend doesn't prove itself, how quick should I 
            get out?&nbsp;As I read price more than indicators, sometimes my gut 
            says bail, but my stop is sitting on a logical support level.&nbsp; 
            Do I follow my gut and bail rather than take the hit my methodology 
            is about to deliver me?&nbsp; Comments please.&nbsp; 
            Thanks!Linda&nbsp;<A 
            href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A> 
            <BR>Climb the mountains &amp; get their glad tidings: Peace will 
            flow into you as sunshine into flower; the winds will blow their 
            freshness into you &amp; storms their energy, &amp; cares will drop 
            off you like autumn leaves. John Muir 1838 - 
        1914&nbsp;&nbsp;</BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Apr 13 10:22:15 1999
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Subject: Re: moving average
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<DIV><FONT color=#000000 size=2>Ira:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Aren't we discussing two different concepts on DMA's?&nbsp; To 
wit that Hurst</FONT></DIV>
<DIV><FONT size=2>talks about shifting them back 1/2 cycle whereas Earl is 
referencing the</FONT></DIV>
<DIV><FONT size=2>idea of displacing them forward?&nbsp; Maybe I'm just 
confused.&nbsp; </FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Chas</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Ira &lt;ist@xxxxxx&gt;<BR><B>To: 
    </B>RealTraders Discussion Group &lt;<A 
    href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Tuesday, April 13, 1999 10:25 AM<BR><B>Subject: </B>Re: moving 
    average<BR><BR></DIV></FONT>Hurst's book on time cycles uses displaced 
    moving averages and proves that they work.&nbsp; He also uses them to 
    project price movement.&nbsp; That also works.&nbsp; There are certain 
    flaws, but I will let you find those for yourselves.&nbsp; Ira. 
    <P>Earl Adamy wrote: 
    <BLOCKQUOTE TYPE = CITE>&nbsp;<FONT color=#000000><FONT size=-1>Don't 
        want to throw cold water on your parade, but have you developed evidence 
        that displaced moving averages work? Your mileage may vary, but my own 
        back testing of a variety of lengths and displacements indicated to me 
        that they provide no objective contribution. Like you, I've read and 
        used DiNapoli's techniques and know he uses DMA's, however I have never 
        been able to find any published material which indicate DMA's provide a 
        statistically valid trading advantage. Robert Krause does employ a 
        stair-stepped 3 day DMA of highs and lows for stop and reversal which 
        (like DiNapoli's DMA's) look good on charts, however I've never 
        backtested the concept and most of the available software is unable to 
        produce a stair-stepped value without extensive custom programming. 
        Personally, I would suggest that examination of the pattern of the 
        pivots and bars can provide more useful information than a 
        DMA.</FONT></FONT>&nbsp;<FONT size=-1>Earl</FONT> 
        <BLOCKQUOTE 
        style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"><B><FONT 
            face=Arial><FONT size=-1>-----Original 
            Message-----</FONT></FONT></B> <BR><FONT face=Arial><FONT 
            size=-1><B>From: </B>Linda Swope &lt;<A 
            href="mailto:lswope@xxxxxxxxxxx";>lswope@xxxxxxxxxxx</A>&gt;</FONT></FONT> 
            <BR><FONT face=Arial><FONT size=-1><B>To: </B>RealTraders Discussion 
            Group &lt;<A 
            href="mailto:realtraders@xxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxx</A>&gt;</FONT></FONT> 
            <BR><FONT face=Arial><FONT size=-1><B>Date: </B>Monday, April 12, 
            1999 9:26 PM</FONT></FONT> <BR><FONT face=Arial><FONT 
            size=-1><B>Subject: </B>Gen: moving average</FONT></FONT> 
            <BR>&nbsp;Perhaps my thinking is flawed and I'm counting on you all 
            to tell me if it is.&nbsp; I'm fond of displaced moving 
            averages.&nbsp; It makes sense to me that if using the average as an 
            entry signal for a long position, that one would use an average of 
            the highs as opposed to the commonly used close.&nbsp;If one is 
            waiting for a breakout or proof of a trend, then stock price 
            breaking above the average of highs seems a better indication than 
            breaking above the average of closes.&nbsp; Conversely, an average 
            of lows would be used for a short signal.&nbsp; 
            Comments?&nbsp;Thanks,Linda&nbsp;<A 
            href="mailto:linda@xxxxxxxxxxxxxx";>linda@xxxxxxxxxxxxxx</A> 
            <BR>Climb the mountains &amp; get their glad tidings: Peace will 
            flow into you as sunshine into flower; the winds will blow their 
            freshness into you &amp; storms their energy, &amp; cares will drop 
            off you like autumn leaves. John Muir 1838 - 
        1914&nbsp;&nbsp;</BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Apr 13 10:22:17 1999
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Subject: print size
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Many of the messages that come through have such small type..about 5 or
6 point..that is almost impossible to read it on the screen and if I
print it out it still is very hard to read.  Is there someway for me to
increase the size of the print of INCOMING messages and does that have
to be done by the sender.  If so, please inrease the font size to at
least 10..12 would be better.
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