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

To: Patrick Slevin who wrote (7120)10/23/1998 1:08:00 PM
From: SE  Read Replies (1) | Respond to of 44573
 
Looks like I am missing this run. I was set to get long at 80.00, stepped aside for a moment expecting to come right back. Got tied up and missed the 80 entry. When I got back it was 82.00. Couldn't see paying 82, so I have passed ever since. Keep thinking it will pull-back more.....



To: Patrick Slevin who wrote (7120)10/25/1998 9:35:00 PM
From: Tom Trader  Respond to of 44573
 
>>So using money management stops would probably kill us.

Therein lies one of the issues that would need to be resolved before one can realistically think of reverse trading any system.

Clearly the thought of holding through the kind of draw-down that you indicated would be neither advisable nor sustainable.


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