Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 683.34

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Nov 3 4:00 PM EST

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To: Dr. Stoxx who wrote (39609)	12/12/2008 10:46:35 AM
From: PB2TT	of 39683

TC, That is pretty interesting...almost like a straddle where you let the trailing stops leg you out of the trade, right? Right now I have just one position on...I don't think I'm ready for full-blown day trading yet but would like to work in that direction. My only open position is some shares of SKF that I picked up on Tuesday @ 106 based on the MAX cross. I'm trying to figure out what the best exit strategy might be those times that the MAX system gives you a head fake (ie in and out of a trade within a day with no profit). I understand that no system is perfect. But if this is a trend-following system, it seems make sense to exit a trade right away if it starts moving the wrong way right after entry rather than wait for a downward cross. Looking at the SKF/UYG pair charts the quick crosses would seem to be more the exception rather than the rule, which is what I'm hoping for...

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