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Wrong>
BrentinUtahsDixie wrote:
> 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.
> >
> >
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