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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)1/30/1998 9:55:00 PM
From: bob wallace  Read Replies (1) of 438
 
Jim

this post is a little old, but Cooper's system is not fully mechanical because he does not include any exit strategies

I don't know if you have done any of his trades, but when you're sitting there with a 1 1/2 point gain and the bid suddenly ticks back 3/8 and the the spx has hit a wall,.... well, it would be real nice to have a mechanical exit just then
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