Search found 23 matches

by efficiency
Fri Jan 05, 2007 5:41 am
Forum: Trader Psychology
Topic: Boy Plunger
Replies: 11
Views: 16510

Folklore isn't just Paul Bunyon, Daniel Boone and Davey Crockett. There's a distinction between trading skill/money management versus 10% margin, no upticks, outside capital, acts of God, press releases, and insider information. For clarification, here's a sketchy chronology: By 1900, aged 23, he ha...
by efficiency
Thu Oct 07, 2004 8:32 am
Forum: Trend Indicators and Signals
Topic: Filtering trade entry signals
Replies: 11
Views: 18267

For long entry I use a 120 day HHV (6 months) when FILTERED with an ADX 14 above 30 and rising. My initial sell stop is 3 ATR (which flexes with volatility). Once I'm "in the money" meaning the inta-day low is above my basis, I tighten the stop to 2 ATR and ride the trend.
by efficiency
Wed Jul 07, 2004 1:41 pm
Forum: Testing and Simulation
Topic: Journey to turn the worst system into the best one!
Replies: 12
Views: 9237

OK gentlemen (and ladies): Other than not being early, WHAT IS WRONG with a simple system of buying a 120 day HHV, filtered by a rising ADX above 30, setting an intital stop at 2 x the 20 day average true range, then once in the money, adjusting the stop to a 21 day LLV and riding the trend until st...