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Strategies & Market Trends : Pristine Lite

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To: pristine who wrote (140)5/30/1999 7:29:00 PM
From: OZ  Read Replies (1) of 163
 
Oliver,
I was at your recent chicago seminar and was quite impressed.
I have been paper trading under the system and timing my entry,
exits, etc. down to the 1/16. I feel that I am getting very good at this. I will probably see ya at the 3 day and I might look into
becoming one of your inhouse traders.
Question: in the seminar you spoke of setting a protective stop
2 full trading days after taken a position. When was this type of
strategy supposed to be used. I see where this could prevent one from
being shaken out. Though it does not seem to be a wise overall strategy. I what context was this supposed to be used.

Thank You,
Oswald Castillo
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