Volatility-Based Stop Loss for Trading ES / YM

Discussion in 'Index Futures' started by andysmith, Aug 23, 2005.

  1. Mike -- read Tharp (5), LeBeau (>10), Chande (4), Stridsman (>10), Elder (2). Numbers in parens are the approximate numbers of book/reports/publications that each person has authored related to this subject. But, no need to read all this. Backtesting will prove this....
     
    #11     Aug 24, 2005
  2. Thanks for the feedback....but tharp et al don't pass muster for me. You know what they say, those who can trade....trade, those who can't...well...write books. I am speaking tongue in cheek :), but the truth is I have never had a strategy learned out of one of my hundreds of trading books make me any real money.
    (I do have a very expensive collection of books:))

    My realtime trading, not theoretical curve fitted results, have shown that my current strategies work the best( I do spend many hours studying my losing trades in an effort to create a strategy for either improving the trade, or minimizing the loss). I will continue to follow this thread.

    Good trading!

    Mike
     
    #12     Aug 24, 2005
  3. cnms2

    cnms2

    Not much interest in this subject ... Too bad :(
     
    #13     Nov 6, 2005
  4. Perhaps you are waiting for something more concrete....:D
     
    #14     Nov 7, 2005
  5. cnms2

    cnms2

    I'm interested in exits ideas. I searched the ET site for it, but I couldn't find much.
    :confused:
    Would you recommend any thread? Thanks.
     
    #15     Nov 7, 2005