Joseph,
I see, and you're right about that. There are whipsaws with this method, but the losses are minimal compared to the gains. All that counts is the bottom line, the net difference over time. If I do get a buy signal on Monday, it could reverse within a few days and with a minimal loss. Even if a system had 50% wins and 50% losses, if each loss was $1,000.00 and each win was only $2,000.00 (and more like $15,000.00), I have no problem with that.
I agree, it would seem that money would grow on trees if any system really worked. Please let me suggest that some systems really do work, but those that follow them lack the discipline to do just that, to stay with it and follow a system on each and every signal. Fear seems to take over.
GZ |
