Thread: Trade Like a Dealer: (And Avoid Death by a Thousand Stops)
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Old 10-02-2005, 06:44   #22
jasperforex
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Re: Trade Like a Dealer: (And Avoid Death by a Thousand Stops)
Quote:
Originally Posted by Toccata
Meaage for JASPERFOREX - I agree with everything you say and in fact use this methodoligy with my trading at the moment. I haven't been caught out yet with a move in the wrong direction that I can't sustain but one day, it will happen and I will lose a big one.

Enough wittering - what I want to ask you is how you are determining the end of a trend? Do you trade any shorter time periods than daily? This is the key to scaling in working in my view.

Thanks

I asked about shorter than daily and got given an answer that you should absolutely not use the system for short term bars as it will blow up eventually. Only works for daily.
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