I offer nothing in this regard. All of my tests are forward tests. All are dependent on target. If I have a target of 3 es points and you have a target of 4 our results would be different. I don't think you can compare styles. I can tell you my win rates with various setups which have been forward tested for the last 5 months. Other than that you are on your own from my standpoint.
As far as I am concerned this thread is finished. I really don't believe I have anything else to contribute. I want to thank everyone for participating, and I sincerely do hope this has helped someone. I am leaving you with a synopsis of our discussion. Good Trading & Good Luck!!!
HG - Thank you very much for initiating this thread and putting together this summary! In opening your attached document, there are many large blank areas. Are there supposed to be charts in those blank areas? Thanks again. Sandy
It's been a great read and informative thread. Continued profitability to you. Thanks for your unselfishness.
Excellent thread Holy Grail; Well presented without the usual ET flaming. If anything could be added it would be a dissertation on how you manage your trades. I realize that trade management is a personal thing but an overview of how you manage your trades would be nice to see. How do you determin where to put your targets and how you decide whether to go for a spedific target or let the trade stop itself out at the first reversal signal. When and where do you add to a trade. Thank you for your time and effort. B
It depends on the setup. Sync trades I will always go for targets. On es that would be 2-3 points, but it may also depend on where the last significant pivot point is located. The same with triangles. I always use targets on triangles with the above parameters. False bearish sell signals or false bullish buy signals I normally ride the trend as long as I can. An example is is displayed in the attachment. I will also ride the trend on level 2 trades.
I should add if we have a really long column I will not allow myself to lose that entire column. I expect a small retracement after a long column so I will set a stop one box below the halfway point of a long column for protection. If the column is more than 20 boxes I wll sell on the first reversal. I should also mention when I say I follow the trend I mean I will follow it forever until I get a bearish signal if I am long, or a bullish signal if I am short.