Quote:
Originally Posted by rydogg58
I like this approach a lot. At first glance I thought it seemed way too safe and concentrated too much on safety and risk aversion. But after digesting it, it's the perfect blend of risk/safety. Your risk lies in missing out on potential gains in the SP, but the safety blanket is watching the trends to see if the momentum is real. I'll try and see how to implement that, hopefully later on this week.
If anything, I think a 10% stop loss is something I'll have to think real real hard about ever using again.
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I’ll respond more to your post later today.
Buy this book and read it.
https://www.amazon.com/Think-Trade-L...7931/ref=nodl_