There was a discussion regarding a 6.5% stop and then re-entry
but was never implemented into the system. The amount of
trades it ultimately changed were limited and there was also
discussion of starting to possibly over-optimize based on one
trade. As always we will continue to monitor that and other
options.
The system does not have a "stop" but obviously there are rules
for exiting a long and short trade. Generally the system will
look for weakness (downward price movement) to close out a short
trade. Considering we just got into the 4th entry the system
will likely wait to see some trading first unless we get a strong
move that causes a close. I will keep everyone abreast of any
changes or updates.
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There was a discussion regarding
Spy Swing System Alert
Posted by tom on 28th of Oct 2011 at 08:57 am
There was a discussion regarding a 6.5% stop and then re-entry but was never implemented into the system. The amount of trades it ultimately changed were limited and there was also discussion of starting to possibly over-optimize based on one trade. As always we will continue to monitor that and other options.
Tom Can you tell us if
Posted by chlo888 on 28th of Oct 2011 at 03:48 pm
Tom
Can you tell us if there is a plan to possibly stop this trade out? Thanks and thanks again to Brkpt for extending the sub time. It was very generous.
The system does not have
Posted by tom on 30th of Oct 2011 at 09:53 am
The system does not have a "stop" but obviously there are rules for exiting a long and short trade. Generally the system will look for weakness (downward price movement) to close out a short trade. Considering we just got into the 4th entry the system will likely wait to see some trading first unless we get a strong move that causes a close. I will keep everyone abreast of any changes or updates.