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


To: hubris33 who wrote (36138)10/14/2004 9:09:18 AM
From: lodomarket  Respond to of 39683
 
So far...

I think it's a bit early to make any sort of reasonable assessment. Have only been using this approach since 9/27.

I've done ok with TSO....was(still am) short with the nice "profit taking" yesterday. Had made some profit on the upside before the recent downturn. Overall though my trading acct. is down slightly, 0.76 % since 9/27.

When I'd backtest this approach it would often not show significant profits for 3 to 4 months.....but on the plus side the drawdowns were minimal.

Looking at the chart of the QQQs since late Sept, I think I'm fortunate to be flat....down, up, down, up again...

Will keep you posted

LoDo