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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (53294)9/14/2002 11:56:17 PM
From: John Madarasz  Read Replies (1) | Respond to of 209892
 
it's not good at all here imo to me... and that was exactly the gist of my post. If it's S.O.P., do yourself a favor...and forget about it.

at best it's been a tertiary l/t signal...at best. I'm lobbying for the introduction of cutting edge thought regarding indicator settings...aand not just macd. This is what i've been saying all along i think.

And another point... wiggles are cool... and they certainly have a reputation to livre up to...especially to futures traders, but fact remains daily and weekly charts have ruled the roost for the last year or so regarding trend trading.

you are daggone right regarding position size ...

swinging for the fences here skews risk reward ratios signifigantly towards parity...which of course is largely unacceptable to any professional...this is a market that's still ahead, but is tossing junk almost on every pitch. Soon enough the odds will tilt to even...or better, for the batters who see a junk ball for what it's worth.

Again...CAPITAL PRESERVATION is KEY to me.

but I'm still for folks posting their respective opinions in context here tho, and assigning parameters accordingly.