Correct...and I was dumb enough not to counter trend trade it...stubborness, as it behaves like a drunk after 11.30, but I persisted......
Remember a correlation with a dissimilar market is temporary. Bonds/Es, Oil/Es, Eur/ES. Similar market correlations will outlast these and be more dependable.
You are correct but you forgot to tell them that "NO stop trading" requires $ 15,000 per contract and analysis from no less than 5 min chart .
While I agree that stops hurt performance (mainly due to slippage), your comments regarding percent of winning trades are completely useless - a trader with 20% winning trades can beat a trader with 75% of winners (google "profit factor" if you don't know the answer to this).
I am glad you want to prove TA works. (I am not the one pimping a thread entitled Yoohoo's guide to becoming a great trader). TA is pretty much trash, as has been proven again and again in institutional studies. You're so good, certainly you are not afraid of getting audited. start your system on Collective2 and prove yourself. Every TA system ever started there basically died. You are noise until you are independently audited. Go here ---> http://preview.collective2.com/cgi-perl/page.mpl?page=offerstart1 Insert excuse why you will avoid auditing below (not enough time, nothing to prove, etc. etc. etc.:
Ok, I see the traders gathered at this guru's altar would rather listen to him than to facts. You are listening to a moon gazing, authoratative speaking, guru trader because he sounds good to you, gives you hope that he will save you. Serious messiah complex that needs verification--- NO OTHER REASON --HE IS HERE. Think about it sheeple, if it quacks like a duck,,,,,,,, The guy uses cycles, moons, stops, and claims to have special powers! Yah cant be sirius!