ES/ 1 Point Target, no stops

at anyrate, it is almost universally accepted that the above strategy will be a long time serious loser

so wouldn't doing the exact opposite be a long time winner?

1 point stops
no target

 

So when would you exit? Only when it goes to your stop?

 

you should have it so bad

the only problem is when to take a profit that is so large, if it was a loss, it would wipe you out

 

or do you believe the stop will always be hit?

 

100% failure rate?

if so, you might as well trade the 1 point target, no stop, strategy

 

NOW you are telling me, when I am down 260 pts???

Please, I need an expert advice, which strategy should I use, the original or the reverse one???

P.S.: The opposite of dumbass sometimes can be imbecile....

 

opposites attract

 

If you randomly pick a price point in the past and put in a trade with 1 point stops, inline with the liner regression trend (multiyear) at the periphery of ATR. How many trades would stop out and how the one that didnt stop out, would it pay for previous stop out plus more?



thats what the OP is getting at.

Trying to do this will teach you how to trade...

- trade volatile market
- trade at outside ATR's
- trade with the trend
- small losses, large gain (by a factor of 10).


---- this is the holy grail.

 

Amen, brother. Truth. surf.

Ps-- have you or have you seen this strategy programmed?

 

Looks like the oldtimer has figured out how to beat the market at its own game.

Bravo! First real working method in a long time on elite. No doji or mr Hershey magic powers required.

Surf