Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

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Oct 30 4:00 PM EDT

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To: MechanicalMethod who wrote (16131)	2/25/2001 6:01:56 PM
From: darvasdarvas	Read Replies (3) of 39683

MM I have been using a short term version of Darvas method for about 7 years. I have about 1000 trades, with half of them losers. I now have 79 times what I started with. I use stop orders to buy and protect for selling, except that I will sell the morning of the third day ( if not already stopped out) using a market order. After being bought in off of a stop order, I enter a sell stop 5% below my buy price and then go play golf. unfortunately, it is impossible for you to test methods using stop orders because of the price slippage due to the market makers. I can say that for every dollar that I made on the stock market, the market maker took a dollar from the price slippage. You might want to test the structure of my system, as follows: Pick any stock. Buy it on a 52 week break out. Sell it if it drops 5 % below your buy price If not sold out, sell it the morning of the third day of owning it. Test this structure using different stock types (i.e. "momentum", value, etc.) DD

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