Trading the SPOOs with Patrick Slevin! Message Board

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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin!

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To: Patrick Slevin who wrote (4778)	5/25/2000 10:48:00 AM
From: F Robert Simms	Read Replies (1) of 7434

<36? Positional trades? I don't think I ever got that high, my best was in the 20s somewhere. But I usually check it by day. I think the best I had was 11 or 13 days in a row. But this is all daytrading.> These were mostly daytrades. <How long does he hold for, what kind of drawdown is he willing to take?> He usually tries for a 3 to 1 profit to risk reward. He may start off with a 2 to 1 stop loss, but he will keep tightening the stop loss so his average profit to possible loss is greater than 3 to 1. <More importantly, is he Long now?!?!?!?!?> LOL He will start trading again next winter. <How are you making out with him? Doing well these days?> I am doing better now that I closer to using only his techniques. I am still paper trading in the Player's Club contest. I have had two losing days this month. One day I didn't have a trade on. With the systems that he showed me, I trade a lot more than he does and have more losers than he would have. I got some money for a real futures account, but gave it to GZ to trade for me in his fund.

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