Question about System 2
Posted: Fri Aug 31, 2018 10:26 pm
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
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