I disagree with you....Geez's system has already shown its 50/50 win/loss ratio.It continues to make money due to the superb trade management of reward:risk=2:1.I can't see how the "fundmentals" of such a system can change... What the newbies cannot understand is that a 50/50 system can,and will produce a series of winning or losing trades.That is called the "drawdown" of a a system and it has to be considered. Geez's system will continue to work very well,with only one condition: that he will continue having the discipline to follow it religiously.That is,if Geez could hire a robot to execute his system,the system would continue producing profits.The amount of profits could vary,according to the markets condition,but in the long run the system is profitable.There is no doubt about it....
Not quite sure with what you disagree, but I believe what you said is in essence what I said. My main thought to your previous statement had to do with "til now" which implies that something has changed, when in fact it had not.
My "till now" phrase,had to do with the ability of Geez to continue trading according to his plan.Understand? Remember what the great Richard Dennis has said? "I could publish my rules in the newspaper and nobody would follow them".....He said that primarily because the Turtle's system,a superb trading system,needed a lot of discipline and patience to follow....
Geez, congratulations on the trde in FAS....Back to profits!!! But,I am completely confused now....On the daily chart,FAS was more a candidate for short than for long....Where is my mistake?
AA48..I just saw the intraday action on FAS and SKF (perfect lower high on SKF 5 min). I posted this a.m. that daily charts not showing me much and would look to indexes for scalp trades..this one fit the bill.