Well, Matt is the only person who can give an answer to the
question if there are stronger and weaker entry signals or if all
signals are about equal. This system was once compared to a rubber
band which bounces back if stretched too much. Maybe the entries
were set when the rubber band is stretched 70%, 80%, 90% and 95%.
That would mean that there is always the same chance of getting
next entries because we just don't know if the market turns at 65%,
78%, 92 % or maybe the band explodes which would not be
good.......
yojimbo, nice statistics Well, Matt is
Follow the system
Posted by zwyss on 14th of May 2011 at 12:53 pm
yojimbo, nice statistics
Well, Matt is the only person who can give an answer to the question if there are stronger and weaker entry signals or if all signals are about equal. This system was once compared to a rubber band which bounces back if stretched too much. Maybe the entries were set when the rubber band is stretched 70%, 80%, 90% and 95%. That would mean that there is always the same chance of getting next entries because we just don't know if the market turns at 65%, 78%, 92 % or maybe the band explodes which would not be good.......
My trade count may be
Posted by yojimbo on 14th of May 2011 at 01:42 pm
My trade count may be slightly off as I was getting bleary-eyed trying to distinguish blue from blue-gray from mauve. Close enough for jazz.