ES Mechanical Madness

Discussion in 'Journals' started by msprofitable, Feb 5, 2004.

  1. msprofitable

    msprofitable Guest

    Initial stop 1149.00
     
    #51     Feb 13, 2004
  2. msprofitable

    msprofitable Guest

    Stop now at 1152.00
     
    #52     Feb 13, 2004
  3. msprofitable

    msprofitable Guest

    Stopped out 1152.00
     
    #53     Feb 13, 2004
  4. nkhoi

    nkhoi

    good save
     
    #54     Feb 13, 2004
  5. msprofitable

    msprofitable Guest

    That's what stops are for.
     
    #55     Feb 13, 2004
  6. msprofitable

    msprofitable Guest

    Swing - long from 1144.75
     
    #56     Feb 13, 2004
  7. msprofitable

    msprofitable Guest

    Stop and reverse is at 1142.25
     
    #57     Feb 13, 2004
  8. Do these systems only make money in bull markets?

    They've done nothing but lose since you started. How were they tested?

    Good luck.

    ppp
     
    #58     Feb 13, 2004
  9. msprofitable

    msprofitable Guest

    They've done very well in the past. I think you're used to the 60 or 70% hit rate systems. These win less than 40% of the time, so patience is needed. They've had losing months but nothing that was a big deal. The breakout system lost last month and this month. The reverse made money last month but is losing this month. The swing made money last month and this month.

    Since I won't be touching the money for many years it's no big deal when they have drawdown periods.
     
    #59     Feb 13, 2004
  10. Can you share some of your philosophies on swing trading in general?
     
    #60     Feb 13, 2004