Posted by philosoraptor on 30th of Apr 2011 at 06:00 am
Jim, also be aware that the first scale-in on the multi-entry
system is the very same signal for the single entry system.
So, when the first new trade signal is published after a period
of being in cash/flat, a decision has to be made:
- single entry system followers trade this new signal with 100%
of their desired capital allocation (and then do nothing further
for the rest of the trade other than wait for the exit signal).
- multi-entry system followers, on the other hand, trade 40% of
their capital allocation to this new signal and then wait for the
next scale-in signal(s) (which may or may not materialise depending
on price action).
Perfect! Thank you! I DID read all the FAQ'S, and all the other
tabs about the system. Unless I missed it, I did not see the
single/multi system entry signals explained in this way. Maybe it
was obvious........I'm just a mechanic LOL
Jim, also be aware that
How will we choose what signals we get? What I ...
Posted by philosoraptor on 30th of Apr 2011 at 06:00 am
Jim, also be aware that the first scale-in on the multi-entry system is the very same signal for the single entry system.
So, when the first new trade signal is published after a period of being in cash/flat, a decision has to be made:
- single entry system followers trade this new signal with 100% of their desired capital allocation (and then do nothing further for the rest of the trade other than wait for the exit signal).
- multi-entry system followers, on the other hand, trade 40% of their capital allocation to this new signal and then wait for the next scale-in signal(s) (which may or may not materialise depending on price action).
Also, the exit will be the same for both systems.
Perfect! Thank you! I DID
Posted by Jim on 30th of Apr 2011 at 09:02 am
Perfect! Thank you! I DID read all the FAQ'S, and all the other tabs about the system. Unless I missed it, I did not see the single/multi system entry signals explained in this way. Maybe it was obvious........I'm just a mechanic LOL
Well then, now that you
Posted by philosoraptor on 30th of Apr 2011 at 12:25 pm
Well then, now that you know the rules, trading a mechanical system should be a breeze...