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vincentvega
 

Registered: Feb 2012
Posts: 110

 

05-10-12 11:09 PM


Quote from keeptradin':

Buy the Open.

Ten point target, ten point stop.

If neither is reached, MOC.

Actual trade results to be posted beginning 4/13.

Thoughts...



When do you know where to put your stop?

Small means you hit it often.

Large means you lose all your gains.

If you think this conjecture is bogus, go run the statistics yourself. It would be a simple program. I hope you are not implementing this system live (or wasting your time paper trading) without having real information.


If it were this easy, everyone around here would be a rich man

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Wide Tailz
 

Registered: Sep 2011
Posts: 1523

 

05-11-12 06:01 AM


Quote from vincentvega:

When do you know where to put your stop?

If it were this easy, everyone around here would be a rich man



No one will ever know. But you can make an educated guess with iterative and / or quantitative methods, tech analysis or fading your favorite contrary indicator.

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keeptradin'
 

Registered: Feb 2004
Posts: 1419

 

05-11-12 02:43 PM

Long ES @ 46.25, Target 56.25, Stop 36.25. This will be the last day trading the VSS in it's current form.

I will be releasing VSS.2 after I review the feedback I have received, and determine the best ways to tweak the system.

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keeptradin'
 

Registered: Feb 2004
Posts: 1419

 

05-11-12 03:38 PM


Quote from keeptradin':

Long ES @ 46.25, Target 56.25, Stop 36.25. This will be the last day trading the VSS in it's current form.

I will be releasing VSS.2 after I review the feedback I have received, and determine the best ways to tweak the system.



Target reached at 56.25, +10.

Cumulative P/L: +5.75 (Twenty One Trades)

Total P/L: $287.50
Less Commissions: ($84.00)
Net Profit: $203.50

Thanks to all who watched and played along, look forward to releasing VSS.2 in the very near future.

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