Traders Laboratory - View Single Post - Smaller profits yields better results?
View Single Post
  #30 (permalink)  
Old 06-07-2007, 07:04 PM
walterw's Avatar
walterw walterw is offline
walterw is The Trader Chimp

Trader Specs
 
Join Date: Nov 2006
Location: Argentina
Posts: 2,168
Thanks: 0
Thanked 41 Times in 30 Posts
Re: Smaller profits yields better results?

Brown :The output of your criteria its logic... you made money and your criteria is being validated by that fact... now if today you touched lets say 4 points... kept trading and went down to 1 point... maybe you would start thinking twice about using daily targets...

So if your technique can handle diferent hours of the day, and still be profitable... YES... keep them coming, if not... you will eventually consider taking a daily target and trade only on the most confortable time of the day for your aproach... there is a great deal on the cuality of your technicall aproach on this issue... its like a safari... if you have a 4x4 that can handle any terrain, you will keep going... if you got an old jeep with some oil problems you will think twice before continuing...

I asume your method is superb... im still curios about it... dont forget about your poor friends here at TL jejejej.... cheers Walter

__________________
you can check my site on my profile contact info...