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To: Steven Bowen who wrote (13781)3/22/1998 7:25:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
Steve

>>>>>But let's talk the theory of what I was doing and see where it falls apart.

I learned all too many years ago not to argue with another mans theories.
Especially if they were well reasoned and thought out.

But, if I had to respond I'd simply say, IMHO, in the real world, "That Dog Don't Hunt"

How about this:

Set up a spreadsheet (or a piece of paper)
Put aside a set $ amount for these types of trades.
Keep an exact count of the number of times you try this methodology.
Count the # of times it clicks as planned ie, how many times you fill (calc the %)
Track the total # of win/loss trades on the fills and the end $ gain/loss as a % of your equity for these trades

Next weekend let us know the result in #'s and %, not $'s as that is your personal business.

I really enjoy these kinds of exercises; trying different approaches is how one fine tunes their trading.

Best of luck to you.



To: Steven Bowen who wrote (13781)3/22/1998 8:44:00 AM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
Steve

nasdaq market makers

this is old but still on point

forbes.com