Hi TEB63 (is that your age?, never mind)
...stick at it, have you seen Van Tharp's study exactly like this? He ran program that flipped a coin to enter the market and used a trailing stop of a multiple of the average true range. He claimed it was successful. It simply hammered home to me the importance of aiming for some 5R or even 10R trades.
Also William Eckhart states the following: "The human tendency to always select the comfortable choices leads most people to experience worse than random results (less than 50/50)." I can see where he's coming from, I see it all the time....
...stick at it, have you seen Van Tharp's study exactly like this? He ran program that flipped a coin to enter the market and used a trailing stop of a multiple of the average true range. He claimed it was successful. It simply hammered home to me the importance of aiming for some 5R or even 10R trades.
Also William Eckhart states the following: "The human tendency to always select the comfortable choices leads most people to experience worse than random results (less than 50/50)." I can see where he's coming from, I see it all the time....