|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type>
<META content='"MSHTML 4.72.3110.7"' name=GENERATOR>
</HEAD>
<BODY bgColor=#c0c0c0>
<DIV><FONT color=#000000 size=2>I was wondering if anyone uses a book by JOHN
MOMSEN called ULTRA -RELIABLE SEASONAL TRADES.</FONT></DIV>
<DIV><FONT color=#000000 size=2> </FONT></DIV>
<DIV><FONT color=#000000 size=2>I picked it up a little while back, as the
stats go, it states, accumulated profits of 2,100,000 $$ over
21yrs, trading 1lots with only 41 trades a year.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>IT differs from most seasonals , in that he gives U the
reason why it should happen, also a shows AVE-PROFIT, AVE-LOSS, PROFIT TO-
LOSS RATIO, TOTAL PROFITS/LOSSES per trade</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>also gives U parameters to enter and exit,
where to place stops, and a time window for the trade</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>the drawback for me is that it is a longer term approach,
trading the back months, a lot of the stops are fairly away
from market noise, and at this time I dont have the account to trade
it</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>but for those that do , and are into seasonal
trading it might be worth a look, book comes with a 1yr money back
policy,</FONT></DIV>
<DIV><FONT
size=2>
GOOD TRADING</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sat May 15 19:49:29 1999
Received: from list.listserver.com (198.68.191.15)
by mail07.rapidsite.net (RS ver 1.0.2) with SMTP id 10773263
for <neal@xxxxxxxxxxxxx>; Thu, 13 May 1999 11:45:39 -0400 (EDT)
Received: from localhost (localhost [127.0.0.1])
by accessone.com (8.8.5/8.8.5/PIH) with SMTP id IAA07992;
Thu, 13 May 1999 08:42:16 -0700 (PDT)
Received: from pm01sm.pmm.cw.net (pm01sm.pmm.cw.net [208.159.98.150])
by accessone.com (8.8.5/8.8.5/PIH) with ESMTP id IAA07820
for <realtraders@xxxxxxxxxxxxxx>; Thu, 13 May 1999 08:40:08 -0700 (PDT)
Received: from [166.62.196.35]
(usr40-dialup47.mix2.Boston.cw.net [166.62.75.239])
by PM01SM.PMM.CW.NET (PMDF V5.2-29 #35315)
with ESMTP id <0FBO00OK9GTNB9@xxxxxxxxxxxxxxxxx> for
realtraders@xxxxxxxxxxxxxx; Thu, 13 May 1999 15:39:36 +0000 (GMT)
Message-Id: <v04020a06b3609f69b988@[166.62.196.35]>
Date: Thu, 13 May 1999 11:35:24 -0400
Reply-To: bfulks@xxxxxxxxxxxx
Sender: owner-realtraders@xxxxxxxxxxxxxx
From: Bob Fulks <bfulks@xxxxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Stops
In-Reply-To: <373AE4E2.DA99B02B@xxxxxxxxxxxxxxx>
References: <v04020a01b3608aaad7d8@[166.62.196.49]>
MIME-version: 1.0
Content-type: text/plain; charset="us-ascii"
X-To: Don Roos <roos@xxxxxxxxxxxxxxx>, Proffittak@xxxxxxx
X-Cc: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
X-Sender: bfulks@xxxxxxxxxxxx
X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN
X-Loop-Detect: 1
X-UIDL: 290fbd1bb97712de6608b1f1ff597477.02
At 10:42 AM -0400 5/13/99, Don Roos wrote:
>At any rate, the liquidity of the ES toys was plenty to allow an exit near
>a previously placed stop.
At 10:46 AM -0400 5/13/99, Proffittak@xxxxxxx wrote:
>but i still lost a major part of my profits because i was filled on 8
>contracts 6.7 points UNDER my stop!!!!
I can see a lot of upticks on the emini so I can see where your stop could
get filled on the way down.
I was referring to the big contract where my BMI feed shows 46 ticks, all
moving down. Obviously, it was not reporting every trade in such a
situation so it is hard to tell what was really happening from the data
feed. Ben's experience was better than I would have expected.
Makes backtesting a little tricky, too!
Bob Fulks
|