[tox]

Originally Posted by walterw »

Never forget what I said at the begining about ladies...

Gee, so trading with momentum is not easier than handling ladies... or the absence of them...

[walterw]

Originally Posted by tox »

Gee, so trading with momentum is not easier than handling ladies... or the absence of them...

nope... momentum is like ( certain ) ladies, they may be there or may not be there when you most need them...

[tox]

hmm... subtle difference ...or not... Depending on the point of view I guess.

So if momentum is not there when we need it the most (i.e. position is open), should we tighten our stop loss?

[brownsfan019]

Walter suggested this not be your full system and that is probably good advice. Basing your entry/exit on a sole indicator could be trouble as all indicators have their faults.

Hopefully Walter will post the code as he said and we can test it out on other markets. Until then, it's a view only show.

[tox]

Originally Posted by brownsfan019 »

... all indicators have their faults...

How about an account equity indicator, it hasn't ANY faults!

[brownsfan019]

Originally Posted by tox »

How about an account equity indicator, it hasn't ANY faults!

True - now use that to make money.

[tox]

Originally Posted by brownsfan019 »

True - now use that to make money.

I guess everybody should use it to calculate an appropriate size to trade, or maybe even to stop trading when it goes steady south

[walterw]

Hi Tox, this would be a good thread to get started on RRR concepts by the Chimp http://www.traderslaboratory.com/for...op-vs-952.html you will notice that the relation between your entry vs your stop and the entry vs your potencial exit will dictate a probable RRR... its funny but the amount of contracts its a second consideration for myself as I beleive that I would not put in jeopardy even smaller amounts of money if they really dont have potencial, thats why I trade (AIAO) all in all out since I started trading many years ago... its some time very distressing to get a stop on one of the large positions and then get a good one on a small position... jajjaj


Ok, so on next post let me show todays stuff and codes, cheers Walter.