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Strategies & Market Trends : Dow Jones Futures -- A free paper trading service

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To: jjs_ynot who wrote (117)	2/4/2000 12:21:00 PM
From: Patrick Slevin	Read Replies (1) of 797

Insofar as it's the fourth day of the Trade and the average profitable trade lasts 5 days before a retrace takes it out I'm of a mind that the trade won't last must longer Dave. But it's okay for my first live test of it. The system had a 60% success rate when backtested which isn't real great for day trading but pretty good for positioning. The average Profit is 41.30 points, the average Loss is 17.53, so net-net the average trade socks away 17.77 points. At this point in time the Stop on the actual Trade, if hit, is 1419.30 (SP0H) so that suggests a minimum of 23.30 points. The System trade is based on SPX and has as it's Stop 1410.91 so the System has a minimum Profit of 16.45 in theory. I don't expect the trade to last past Monday, to be honest. Tuesday at the outside. Boring trading like this, isn't it?

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