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

To: Chip McVickar who wrote (12595)	1/13/1999 10:22:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Chip we need a fork read... TT was short 2 days ago at around 1273 i think...

To: Chip McVickar who wrote (12595)	1/13/1999 4:25:00 PM
From: Tom Trader	Read Replies (1) \| Respond to of 44573

Thanks, Chip--yes it was a nice trade My system just gives buy and sell signals --no price projections. Based on extensive testing, I have found that it is best to go flat when it makes a move of a certain percentage from the entry price. This equates to 50 points on the futures at this point. The only downside with this approach is that if there were a huge move, I stand to miss part of the move -- but since large moves such as this occur only once in a while, that is something that I am willing to miss out on. Thanks for all the reads on the forks