You haven't shown any math at all. First of all, you don't know his precise entry strategy. You also don't know the expectation for the trade...
In your opinion
They might use multiple time frames or simply longer term systems, or both. For example, they might use 20 day breakouts and 100 day breakouts.
Yes, if he is nervous about trading multiple contracts, then he shouldn't. However, many professionals employ this sort of tactic to smooth out...
Here are the original mechanical rules for the Turtle trading systems. http://www.dailystocks.com/turtlerules.pdf You can also test a variety of...
This is actually a fairly common strategy to help with limiting losses and reducing volatility. While it is true that only half of the position...
Keep at least a part time job to pay your bills, then set up a private pool to pool your assets with other investors, and charge an incentive fee....
and T. Boone Pickens said just last August that Brent Crude would NEVER fall below $100. Just follow the trends
Agreed...it's a good idea to test, test and test. At the same time, I believe learning the entire turtle system provides a good foundation for...
Hi Shelton, The 20 day exit is a trailing stop, so it will rise with the market in a bull market and fall with the market in a bear market....
Here's my take on the small account issue....you have to sit and wait for the right opportunity to come along. I think many people get caught...
If you want to trade options, do some research into money managers who trade options as their primary means of generating returns for their...
Interesting stats in this article......
I think it is more a global economic story...while the U.S. economy appears to be humming along, the rest of the world looks pretty bleak. The...
LOL, given how coffee runs right through me, I'd never be able to sit in front of a computer long enough to make that many trades! You missed...
Unfortunately, the process basically involves reading a lot of stuff, taking out what you like, and discarding the rest. Ultimately, you just...
Ain't that the truth!
Yes, switching time frames in the middle of a trade is a very bad idea, but there are many time frames in which to be profitable. I would...
So, did I miss the memo that this site is only about HFT? Is there only one time frame to trade profitably?
Your guess is as good as mine. But, he doesn't want to be correlated to trend followers anyway.
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