I feel the entry is also critical

[trader99]

Quote from nitro:


To me an exit is almost brain dead easy. I trade hundreds of times a day, and if I contempalted the exit as much as you did, the profit would be GONE.

I agree with the poster above that it greatly depends on the style of trading you do.
nitro

So, how do you exit?? As soon as you get a small profit? Or wait for the big trend?

Anyhow, I don't think a system with RANDOM ENTRY can make money regardless of what Van Tharp might say. His supposedly random entry system is actually not totally random. He picked a somewhat useful entry. It might not be the perfect entry system but it's not a worthless one either. If it was totally random, you'll be down huge with a bunch of small stop losses plus comm.

good luck trading!

 

[Trend Fader]

Trader99 what type of trader are you.. daytrade, swing, position?

Nitro apparently is a daytrader...

As we mentioned repreatedly on this board... different trading methods call for different trading tactics and considerations...