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Strategies & Market Trends : Befriend the Trend Trading
SPY 692.76+0.5%4:00 PM EST

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To: ru2 who wrote (14516)1/7/2001 7:37:49 PM
From: Dr. Stoxx  Read Replies (1) of 39683
 
ru2,

My op. on the same issue: MAX trading is designed to stay fully invested in the same stock all the time...and instead of stops, the MAX signal is used to exit...and at the same time enter in the reverse direction. I have found that, as long as you are in a winner (the hardest part), and can avoid panicking at the inevitable whips (second hardest part), the most profitable way to trade is also the simplest: MAX signals only...no stops, no 3rd MA, etc.

Having said that...we each have to modify the basic system to meet our own unique risk tolerance levels and return goals...

As Ken is fond of saying...KISS!!!

TC
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