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I didn't say it was mechanical. The system produces a series of targets, the
first of which has an 80% probability, and a 1/1 risk reward ratio. The second
target is a 2/1 risk reward ratio and has a 70% probability, and the third target
has a 3/1 risk reward ratio and has a 60% probability. If you have doubts, I can
give you e mails to traders who will verify the fact.
Ira.
JCDuffy@xxxxxxx wrote:
> Ira, sorry if I seem dense, but you are saying that you have a mechanical
> trading system that is 80% accurate with a 1 to 1 risk reward ratio for the
> initial contract?
>
> In a message dated 99-06-28 19:32:06 EDT, ist@xxxxxx writes:
>
> <<
> The targets are 1/1, 2/1 and 3/1 respectively. The same on any time frame.
> Ira.
>
> JCDuffy@xxxxxxx wrote:
>
> > In a message dated 99-06-28 12:05:30 EDT, ist@xxxxxx writes:
> >
> > << The system I use, utilizes stops and trailing stops. Once my entry
> price
> > is hit
> > there is an 80% probability of reaching the first price target.
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