Trading Tournament:Zero Drawdown & 287% return in 2 weeks!!!

Discussion in 'Trading' started by scalpmaster, Feb 7, 2008.

  1. Know of another tournament that is set to start soon?
  2. That's quite vague, when do you scale in or take profit?
  3. Next week, same tournament 2008
  4. It's more than that... he is a trend follower, but he scales up based on whether his entry on a lower time frame trend (i.e. on a minute chart) translates itself into a "same-direction" trend on the next higher time frame (i.e. a 5-minute chart). He'll then scale in further if the trend on the 5-minute chart translates itself into a "same-direction" trend on a higher time frame chart....
  5. So when do you cut loss (which time frame) and take profit (do you scale out) when using such multiple time frames approach?
  6. Guy put a lot of thought into this.
  7. lol, you can tell from his picture, look at his hair:p
  8. It's only a month, whoever swings for the fences and gets lucky will get the astronomical returns. Question is what happens long term.
    #10     Feb 8, 2008