Posted by tsurplus on 29th of Apr 2011 at 04:41 pm
b4 they are hatched.
Folks, this is still just a system. All systems have flaws. I'd
NEVER compound 100%. why? even a 1% failure rate can wipe you
out. Imagine what happens if the "unthinkable" happens - system
goes long one day, and next day for whatever reason, all hell broke
lose, exchanges closed, $ collapse, whatever -- all the gains you
may have made up to that time (could be years ...) all wiped
off.....
Just becuase the system has never got into a situation where it
goes long one day and the mkt collapse 20% the next day mean it
will not happen in the future....
It's also because of this I will use the multi entry system...
old speculators continue to speculate becuase the manage risk
seriously..... those who don't will be stopped from speculating
prematurely.... Just my 2c.
Posted by cclammers on 29th of Apr 2011 at 10:30 pm
Although the system does not call for it anyone overly concerned
with overnight cataclysmic events that could take the market down
significantly, events that the system could never anticipate can
always use a trailing percent stop loss and sleep well at
night.
Posted by twedlediva on 29th of Apr 2011 at 05:36 pm
Remember, u are only in 48% of the time. The system caught the
08 down move beautifully and that was a watershed event. Besides,
when the markets change, u decide whether to take the trade.
And, it's bests to keep to Matt's suggested 5-10% allocation.
Just thoughts...
Posted by tsurplus on 29th of Apr 2011 at 06:01 pm
100% agreement on limiting to 5-10% allocation... Just feel I
had to post that as I see some others positing like this
system will make u rich very soon....
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Posted by tsurplus on 29th of Apr 2011 at 04:41 pm
b4 they are hatched.
Folks, this is still just a system. All systems have flaws. I'd NEVER compound 100%. why? even a 1% failure rate can wipe you out. Imagine what happens if the "unthinkable" happens - system goes long one day, and next day for whatever reason, all hell broke lose, exchanges closed, $ collapse, whatever -- all the gains you may have made up to that time (could be years ...) all wiped off.....
Just becuase the system has never got into a situation where it goes long one day and the mkt collapse 20% the next day mean it will not happen in the future....
It's also because of this I will use the multi entry system... old speculators continue to speculate becuase the manage risk seriously..... those who don't will be stopped from speculating prematurely.... Just my 2c.
Although the system does not
Posted by cclammers on 29th of Apr 2011 at 10:30 pm
Although the system does not call for it anyone overly concerned with overnight cataclysmic events that could take the market down significantly, events that the system could never anticipate can always use a trailing percent stop loss and sleep well at night.
Remember, u are only in
Posted by twedlediva on 29th of Apr 2011 at 05:36 pm
Remember, u are only in 48% of the time. The system caught the 08 down move beautifully and that was a watershed event. Besides, when the markets change, u decide whether to take the trade. And, it's bests to keep to Matt's suggested 5-10% allocation. Just thoughts...
100% agreement on limiting to
Posted by tsurplus on 29th of Apr 2011 at 06:01 pm
100% agreement on limiting to 5-10% allocation... Just feel I had to post that as I see some others positing like this system will make u rich very soon....