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


To: beckya who wrote (8304)6/19/2000 1:47:00 AM
From: beckya  Respond to of 39683
 
Here's another chart page and layout that I use:

stockcharts.com[DA][PC5!B8][VC60][IUB14!LH14,3]

I traded SAWS six times (100 shares per trade) between 6.9 and 6.16, three shorts and three longs, four winning trades and two loosing ones. After costs my net was 1039.

In contrast, if I had shorted SAWS at 71 on 6.9 (as I did, but covered on 6.12), and held until 6.16, covering at 56, I would be up 1438 after costs.

Alas, I did not take a look at the SAWS daily chart until midweek! Ah, retrospection ...!

The BTT-MAX 5e/8s system has potential for EOD trading.

Something to consider ...

BeckyA



To: beckya who wrote (8304)6/19/2000 6:10:00 AM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
Hi Becky,

Welcome to BTTT! Glad to know the thread has been profitable to you!

Are you trading this in reversal fashion? Or just taking the trades that look best to you, given your various indicators?

I think it's great when the standard BTTT-MAX system is supplemented by individuals. Always best to trade a system that is your own, even if the individual elements come from others...(to wit: I'm certainly not the inventor of the MAX play!).

TC