Quote from bone:
Congratulations for making a trade-related post. Much appreciated.
Other than an impulsive and discretionary call based upon an after-hours margin raise by an exchange, is there a system pray-tell ? Taking $1.30 out of a market with a 20-day average trading range of $3.71 is fantastic, but just curious if this feat can be repeated - or do we wait for another short based upon a 20% overnight increase in exchange margin requirement.
Quote from stock777:
local, this is an et tradition.
look at Maverick74 and Fireplace, neither of which have posted a winning trade in 10 years
Notice the fraud Mav vanished as soon as I called his bluff
First of all, comparing what you made to the average trading range is something only a non trading system seller would do.
I think the important stat is # of trades vs profit per trade. If I make 100 trades and 90% win with a good net profit , who gives a shit what the 'average ' move is?