Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 659.03

+1.0%

Nov 21 4:00 PM EST

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To: KipferlMeister who wrote (6652)	4/24/2000 9:20:00 AM
From: Dr. Stoxx	Read Replies (1) of 39683

M, I like your idea of varying trade size as per daily trend. I haven't yet backtested enough to know whether losing trades were made during countertrend movmements. My guess is, however, that what we are profiting from here are uptrending stocks in a downtrending market (in the case of SCH), or downtrending stocks in an uptrending market (BVSN), which therefore tend to swing significantly enough to profit both ways despite the daily trend. TC.

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