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


To: Tom Trader who wrote (2810)8/30/1998 11:47:00 PM
From: Stoctrash  Respond to of 44573
 
Speaking of systems...

I finally got some RAW data on the Avg win and Avg loss of the
P*stop on the SPX going back ~850 market days:
(Warning...I'm not sure if its correct!!!)
SPX Profit Trades Average Ratio
Wins 1484.06 104 14.27 60.82
Loss 399.70 67 5.97 39.18
Total 1084.36 171 6.34 3.71

edit:
(like I said...it don't jive)
My screen says one thing..and the text output says another....LOL!!

This looks like the data for your "run of the mill" stop settings.
Now I just have to get it to read my settings...hummm...

Fred...hanging by one caribeener on the face of Everest <GGG>



To: Tom Trader who wrote (2810)8/31/1998 9:41:00 AM
From: Patrick Slevin  Read Replies (2) | Respond to of 44573
 
Early guess is to sell the rally for a daytrade....perhaps hour-long trade.

I don't trust too much downside today.

OT

SI is slow and posting messages is worse; I also still have tax work to do so I shall be here on and off again.

(Made the mistake of playing golf with my irritated accountant yesterday and also have to do so Thursday....I really have to get moving on this stuff.)