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Strategies & Market Trends : JoAT's QQQ System

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To: amoezzi who wrote (541)10/19/2004 1:18:06 PM
From: Jack of All Trades   of 942
 
well as far as the stop goes I would depend on your risk tolerance vs where your target is.

I wouldn't risk more than the difference from entry to target.

As far as looking at other EFT's I did look at SPY/VIX-VXO/SPX options and it didn't look like it worked as well as the QQQ. I didn't try using the OEX for options...

I haven't looked at DIA/VIX-VXO to see if there is anything there... One thing that I think is important in the system is to have options volume, what there is for volume on the DIA and SPX just isn't enough to be meaningful...
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