SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: ru2 who wrote (14516)1/7/2001 7:37:49 PM
From: Dr. Stoxx  Read Replies (1) | Respond to of 39683
 
ru2,

My op. on the same issue: MAX trading is designed to stay fully invested in the same stock all the time...and instead of stops, the MAX signal is used to exit...and at the same time enter in the reverse direction. I have found that, as long as you are in a winner (the hardest part), and can avoid panicking at the inevitable whips (second hardest part), the most profitable way to trade is also the simplest: MAX signals only...no stops, no 3rd MA, etc.

Having said that...we each have to modify the basic system to meet our own unique risk tolerance levels and return goals...

As Ken is fond of saying...KISS!!!

TC



To: ru2 who wrote (14516)1/7/2001 8:39:01 PM
From: Knyyt  Read Replies (4) | Respond to of 39683
 
Hi Ru2,

You said <<It worked but I am looking for a more mechanical method that gives my emotions less room for causing trouble. >>

I thought what i was using was a mechanical, for me. Thinking i may have missed something in my approach. Could you share what you feel isnt mechanical enough my method?
( Like you, i want to be purely mechanical )

You said your experiance with stops was differant then mine. What happened and what did you experiance? Was that with the pure 5/8 max or with your 3MAX?

Thanks,
Knyyt