On the other hand, the "grail" system (also known as the Lois Lerner System) has been debunked repeatedly, most particularly with regard to the "lost" exits, plus the fact that the only profitable trades have been hindsight trades, usually with entries taken in the middle of the night. Talk about snake oil . . . And he still hasn't read the material
Using my method of entry/exit discovery, this is a call I made on Nov 1, 2007 My macroview is that we are entering a multi year Yen rally against the dollar and a multi year bondrally. I am already long Yen futures and will be monitoring closely to get long treasury futures. Nov 1, 2007
The problem that bonds most traders is not knowing when to take profits. There are thousands of methods of entry, it's the stop placement and exit that makes a strategy effective or non-effective.
Yes, of course you are. Not unlike the call I made in early '00 that the bubble was over. Let us know afterward how it all worked out.
The advantage of the SLA is that it tells you when to enter, how to manage, when to exit. There's no need to choose one to the exclusion of others. Judging its value, as the OP does, by reviewing (one might say ridiculing) the efforts of those who try to apply it after changing the rules, using an inappropriate instrument, and failing to take whatever trades do qualify because they're afraid to do so is hardly an objective appraisal, particularly if one hasn't even bothered to read the material.