Quote from keeptradin':
Buy the Open.
Ten point target, ten point stop.
If neither is reached, MOC.
Actual trade results to be posted beginning 4/13.
Thoughts...
When do you know where to put your stop?
Small means you hit it often.
Large means you lose all your gains.
If you think this conjecture is bogus, go run the statistics yourself. It would be a simple program. I hope you are not implementing this system live (or wasting your time paper trading) without having real information.
If it were this easy, everyone around here would be a rich man
