TC:
<<When I was first looking at the MAX system, I discovered that most good MAX candidates hit a 3% gain after every signal, even if they then turn around and fall off for a loss.>>
Hmm, might be a way a daytrader to make some $$$.. i better not think of that angle.. <g>
<<One thought I had then, purely mechanical, was to set a 3% profit limit order for half of my position, and then trade the other half on the signal>>
One of things i am debating with myself right now. Enter on the signal with double the position and sell half at some predetermined price.
Pro- Instant gratification of successful trade, locked in profit,less risk as your not fully exposed to market.
Con- Small profit potential, IE:,trade not allowed to mature to its full potential,now you need another signal somewhere else to enter,higher commisions/turnover, and lastly, more work with book-keeping.
Regards,
Knyyt |
