Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Tom Trader who wrote (2465)	8/26/1998 8:59:00 AM
From: SE	Respond to of 44573

Tom, I wonder if when you are in a sell signal, as you were and you get stopped out for a loss based on money management principles if there is a way to trigger a sell again, but prior to a continuation sell. Maybe this only worked on this latest scenario, but here is what I saw. You shorted in the low 80's if I recall, maybe high 70's. You stopped out at mid 95's. The system was close to hitting a long recommend, but it did not. Maybe after 10 points down from where a long would have been hit, you get short again as the system is on a short signal anyway and the long did not make it. Have you tested something like that? A way to infuse money management...as you have along with a re-establishment of the position as the system appeared correct. As I stated, maybe it only would have worked in this last go around, but it is a thought. -Scott

To: Tom Trader who wrote (2465)	8/26/1998 9:01:00 AM
From: Patrick Slevin	Read Replies (2) \| Respond to of 44573

Do a couple of miles for me, I could use it. My impression Monday, or whenever it was, was that mid-week should be pivotal and I did not have any idea which way. It appears to have broken down a bit earlier than the Wednesday/Thursday morning time frame. Anyway, all the lights are flashing a short to mid-term sell so I have to go that way early on. I won't try to swing both ways today. Any early rally most likely shall be sold before the gap closes so I think I'm going to let it run for 15 minutes then wait for a failure point to hit. I just hope it actually does start out with a rally. I dislike selling weakness.