It is a Johnny Walker night for me personally. My new wife lets me have. She is a keeper.Originally Posted by ;
This is essentially a trend following method. Well, it pyramiding on trend following. I do not try to guess in the future. I simply try to get in an existing trend and ride it as far as it will go and use stops to get out me with large profits when it fails me. Now, I'm attempting to work on how to increase the space between the price and the stops like I trade so that I have an ever increasing likelihood of staying in the tendency for longer. Some tendencies run for months and ride it until my retirement is procured and I'd like to catch one on.
I am thinking of dynamically adjusting stops with ATR to improve the opportunity of remaining in a trend whilst still shielding from dropping too much profit because of a profound retracement or a reversal. Or perhaps I will just have another sip of Johnny W. - G