Traders Laboratory - View Single Post - Trade the Markets
View Single Post
  #8 (permalink)  
Old 04-02-2007, 03:18 PM
Freddie Freddie is offline
Freddie has no status.

 
Join Date: Jan 2007
Posts: 28
Thanks: 0
Thanked 0 Times in 0 Posts
Re: Trade the Markets

If you follow the TTM strategies as in JC's book then they are not going to work or you've got to have the ability to take 100 pt YM losses hear and there. I backtest the strategy, look at where I can modify to improve my results and reduce the "burning hoop" factor and the forward test it in real time on a demo account that I have. Seems to help and also allows me to get a good feel for each strategy, the gut check needed in each one and what variation is returns I should expect so that I don't end up jumping my auto stops/ targets.

thx,

Reply With Quote