Question about System 2

How do you know when a trend has started? Ended? This forum is for discussions about trend indicators and signals.
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oem7110
Roundtable Knight
Roundtable Knight
Posts: 390
Joined: Wed Jul 12, 2006 9:33 pm

Question about System 2

Post by oem7110 »

For system 2 Entry, all breakouts would be taken whether the previous breakout had been a winner or not.
If the price exceeded the 55 day high, then the Turtles would buy one Unit to initiate a long position.
if the price exceeded the 55 day high on the next day, would the Turtles would buy half Unit to add a long position?
if the price exceeded the 55 day high on the next day again, would the Turtles would buy half Unit to add a long position?

so if price keeps going up everyday, would the Turtles would buy half Unit to add a long position everyday?
Does anyone have any suggestions?
Thanks in advance for any suggestions
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