Pretorian2 I love the original thread. Wanted to hear how you've been doing. How about an update? Stock_lover
Wow. I thought these GNP threads were closed. It is like this thread has come back from the dead... :eek:
Yeah, I thought it was dead too. In any case, GNP is alive and well. I made 218.5% last year trading off of it. This year, I'm up well over 200% in the part of my account that is devoted to GNP. I am finding however, that some of the bounces lately are less agressive, but that's just a seasonal type thing I'm afraid. In all, over a year later, I still think it's the best strategy out there.
Look at beav after sept 11. I am just hesitant to share strategies anymore. But my gnp post is my gift to this board. Lol.
Here's my addition to the GNP thread: The tough part about playing chicken is knowing when to flinch. Cover your ass when playing this and it will reward you with riches.
This is a great pattern/setup, but few people have the guts to play it. You can't escape some serious DD's even though overall win/loss is great. I'm glad it's not attractive to most traders. g