Re: Thank you, I will

["BrentinUtahsDixie" <brente@xxxxxxxxxxxx>]

So, 1 Standard Deviation (SD) is 80% and 1.5 SD is 70% and 1.9 SD is 60%;
right:-)

Brent
-----Original Message-----
From: Ira <ist@xxxxxx>
To: JCDuffy@xxxxxxx <JCDuffy@xxxxxxx>
Cc: realtraders@xxxxxxxxxxxx <realtraders@xxxxxxxxxxxx>
Date: Tuesday, June 29, 1999 10:44 AM
Subject: Re: Thank you, I will


>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.
>
>