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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: KipferlMeister who wrote (6652)4/24/2000 9:20:00 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
M,

I like your idea of varying trade size as per daily trend. I haven't yet backtested enough to know whether losing trades were made during countertrend movmements. My guess is, however, that what we are profiting from here are uptrending stocks in a downtrending market (in the case of SCH), or downtrending stocks in an uptrending market (BVSN), which therefore tend to swing significantly enough to profit both ways despite the daily trend.

TC.