ES Journal Archive (2006 - 2008)

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Quote from JohnBob:

So 80% of the time you should exit after reaching 20% of your profit target? :)

I don't think these are the specifics he is asking about.

JB
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Compare that with holding 20% of your trades after hitting 80% of your profit target. hmmm.
 
Winners is what we are searching for. When found, they must be let run. A 10 percent winning percentage can still be very lucrative with no scale out on vehement riding. --Always cutting losses short. :)
 
Being a natural fundamental skeptic, I validated what was taught by B1S2 and added it to my system and it has proven itself a keeper. I end my comments here and leave it to you to prove his statements to yourselves. All the best and once again thank you B1S2.
 
Quote from wave:

80% of your profits will come from 20% of your trades,
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Now I see where you are coming from Wave.
You may want to re think this 80/20 thingy before you throw money into the ES.
 
Quote from Buy1Sell2:

Winners is what we are searching for. When found, they must be let run. A 10 percent winning percentage can still be very lucrative with no scale out on vehement riding. --Always cutting losses short. :)
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With all due respect B1S1, I am not going to throw 100 lots at a 10% winning system no matter what the W/L ratio happens to be and I strongly suspect that you would not throw your money at it either.

Firstly commonsense would intervene and secondly the drawdowns would shut us both down.

As I said 1-5 lot trading and 100+ lot trading are two different planets despite the theoretical similarities.

The financial gravity acting on a 100+ lots is sufficiently greater than 5 lots to rethink the game.
 
Yeah, financial gravity ( Newton's Law ) jee, my gravity must be moonlike! ( 500 lots today)
 
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