You misunderstand my position on knowing "why" it didn't work. I know why it didn't work - I got stopped out too many times and took a couple of double hits because the price did not move my way. That's about the only answer that I can prove. Anything else would be pure speculation. There really isn't anything I can change about the system that will change how the price moves. Like I've said before, every time I've ever tried to tweak a system to the point of removing the few losers from overall winners, I end up with a losing system.
I finally got some space set up that I can access directly - so I'm going to keep the journals Excel workbook here from now on: http://home.carolina.rr.com/quah/quah1web.htm You don't need Excel to see it. If you'd rather download the Worksheet file itself: http://home.carolina.rr.com/quah/quah1.xls
Nice work Quah well done. The availibility of comprehensive reports and concise explanations, with stuff taking on a professional shape, makes this so interesting. Thanks for your efforts and for sharing
Quah, I know this not part of your system, but would you ever consider letting your profits run if there's strong momentum running behind you? DraXon
Quah, Perhaps you can stick with the same system with the exception of letting the profits run if there's an immediate bid above your target price and if the short term trend is on your side. Otherwise, exit as planned. Just a thought. DraXon