AMENDMENT:
I used June 1st as a starting point for my back-testing.
But if I had entered a long there, I would have exited
at the vertical green line, which marks a new two-week low price.
Such an exit would have meant a loss, followed by a second
losing trade--a short entry just before the price went long.
But the Turtle Traders stress obedience to the system without
impulsive second-guessing.
So far, an entry after the circled high price is still profitable.
I used June 1st as a starting point for my back-testing.
But if I had entered a long there, I would have exited
at the vertical green line, which marks a new two-week low price.
Such an exit would have meant a loss, followed by a second
losing trade--a short entry just before the price went long.
But the Turtle Traders stress obedience to the system without
impulsive second-guessing.
So far, an entry after the circled high price is still profitable.
Life happens at the level of events. Trust only movement. - Adler
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