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Strategies & Market Trends : Book: Hit And Run Trading by Jeff Cooper

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To: Jim Snyder who wrote (82)1/22/1998 10:51:00 AM
From: Joe Sheets  Read Replies (1) of 438
 
Jim,
on my second day of e-mail. I DO check each pick before I paper trade. First day(1/21/98) all picks matched chart patterns. Out of 17 picks: 3 winners 6 loosers and 8 did not make the entry point recommended. I think it's probably a do-able method. I'll keep posting win/loss for the rest of the week.

Joe

P.S. 2 of the 3 winners were short positions. 1 of the 6 loosers was a short. Jeff does include a "trading indicator" with his e-mail. This is suppose to indicate a trend in the market on the next day. 1-2=up trend, 3=either way(neutral) 3-4=down trend. 1/21/98 was a 3-4. Today a 3. we'll see!
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