Registered: Oct 2002
02-12-03 09:35 PM
That is what I got as well! Goose egg!
Somehow, when I do it live it works just great, but there is no way to tell the easy language what I know inside. The reasons I stay out, or get in....double peaks, or dips....flags, slim jims, windows. Stochastic divergences or confirmations. Morning gaps. Trading the bollinger bands.
I take bigger positions when the 13 min EMAs cross before the position I take on the one minute, or I have confirmation in the stochastics.
Don Miller's method was fairly easy to put into easy language, and it did not work well either. He said on his tapes that it does not automate well at all. I agree.
I did one thing that did work well on Easy Language.....2 line MA crosses on daily charts or 13 minute ones. Set to 5 and 15. Set up a trailing stop too if you fancy. The trick is exiting the trade. That is where the money is made or lost.
Also try to set up the bollinger strategy....works well on QQQ.