. . .not sure how you get +10 points on a correct neutral call. Or why a 56% win/loss ratio can't be included as a stat in many, many, many successful trading systems. pS
Actually, it's +20 (fixed in the post). The Dow gained 20 points after his call. I added that info to address the issue you raised in your earlier post, paysense.
TUES. 8/25 1:13 pm dow +10 After another nailing of a morning call, the mighty "Ball" remains NEUTRAL calling for further FLAT Market action this afternoon. So turn off your screens and get out there and enjoy this day people, we are all living history. As for me, I'm about to soak up the warm waters of the Gulf, before Gustav lays waste. Rennick by the Sea out.
"Actually, it's +20 (fixed in the post). The Dow gained 20 points after his call. I added that info to address the issue you raised in your earlier post, paysense." OK, so actually you are now counting "opportunity lost" if one went long instead of neutral. What about had they gone short? Do one or the other - tally each right/wrong LONG, SHORT and NEUTRAL (<=0.5%) or have "Renny" post all entries an exits using 1 YM contract. That will allow for his "unfulfilled" calls to bank actual points - and ambiguous calls to get an actual number associated with it. CAVEAT: WM needs to commit to the second method (which I am not sure he is willing to do hence, we'll follow his "Quest"). p$ PS "Renny": if you profited with your recent QQQ close, are you gonna post it on the other thread? <i>Stay away</i> from the storms!
<b>NAILED</b> <i>like a cat in a back alley by a pumpernickel jack!</i> Alright I need a LOT of practice, lol. Other points to consider: Dow points aren't exactly correlated with YM points. If we are going by set "open" and "close" (position) times - when you get a WIDE range, most traders get stopped. . .but this is YOUR project . Also, YM close is 4:15 not 4 - . pS
Dow closed at +27, which is +17 after the call (less than 0.5% move). Correct call. Neutral calls: 2 correct, net gain/loss: +37 0 incorrect Strong calls: 0 correct 0 incorrect Weak calls: 0 correct 0 incorrect