Hi all 315 lovers,
I have started taking 315 trades only recently and met a couple of whipsaws, which I accept as part of game. Here is what I calculated for last 3 whipsaws. What i feel that even with 3 whipsaws, once we start riding a trend, what we lost in whipsaws would be nothing as compared to what we would gain in the trend "WITH ADDS". I am calculating this only to keep the confidence of newbies like me alive in system trading.
And I am not considering the gains the system gave before this because I was not trading the system then.
Please correct me if I am wrong.
feb 7: long 5540, feb 23: exit 5445 -85
feb 23: short 5445, mar 1: exit 5535 -90
mar 1: long 5535, mar 18: exit 5390 -145
mar 18: short 5390
Total points lost in last 3 whipsaws = 320.
regards
Krist
I have started taking 315 trades only recently and met a couple of whipsaws, which I accept as part of game. Here is what I calculated for last 3 whipsaws. What i feel that even with 3 whipsaws, once we start riding a trend, what we lost in whipsaws would be nothing as compared to what we would gain in the trend "WITH ADDS". I am calculating this only to keep the confidence of newbies like me alive in system trading.
And I am not considering the gains the system gave before this because I was not trading the system then.
Please correct me if I am wrong.
feb 7: long 5540, feb 23: exit 5445 -85
feb 23: short 5445, mar 1: exit 5535 -90
mar 1: long 5535, mar 18: exit 5390 -145
mar 18: short 5390
Total points lost in last 3 whipsaws = 320.
regards
Krist