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Old 04-23-2007, 06:44 PM
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davidke20 davidke20 is offline
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Quote:
Originally Posted by TraderGeek
Seems to me pulling out profits should be the manual part of your system. And you must be disciplined with it instead of letting emotions rule you.

In terms of being unlucky enough to enter on the wrong day, it seems to me that you'd have to be VERY unlucky. If you turn it on in a ranging market (like we've had the last week or so) and make sure you don't start it on a day with a major news release, it seems highly unlikely you'd blowthe account before building some nice profits. And with my idea, if I had say 10K to invest, I'd open the first account with $2500 or so. So that if I was unlucky enough to blow it before making at least the $2500 back, I'd have some left to start over with.

David, since you've been around here much longer than I and heavily involved with these EA's, which 10pts3 derivative would you suggest if I want to try this strategy? Right now I'm running Terminator 2.03 on a demo account. Also running a couple different versions of Firebird.
I see a lot of potential on RMI edition. Good luck with it. Perhaps, you should start demo it for few months, then you know how good the system is, as well as knowing how often you should withdraw

Regards

David
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