neil said:Still bumping along from this mornings short. Maybe the US open will cause a reaction?
mark twain uk said:that's all right then, I have dc, TomH and zuke (in alphabetical order) on my side, so I'll stick with my long for the time being
eatontrade said:I have now reversed and gone short - this is also a powerful Long signal
eatontrade said:I have now reversed and gone short - this is also a powerful Long signal
Baruch said:PS. Nice Big Baruch trade this morning.
Baruch said:Yes, 150 pips are not so bad... :cheesy:
PS. I changed the quote from Big Ben to Big Baruch so we don't get anymore confusion...
Ripcord said:So Baruch are you telling us that you are 150 points up today, if so when do you exit or are you pointing out that its been heavily trending since 7 am?
Baruch said:I am telling you that if you took the Big Baruch signal this morning, you would now have around 150 pips in profit. Why do I tell it? Because it's more than Big Ben and Hans123, and we have been following those systems for some time.
trendie said:not strictly true, Baruch.
a: hans123 has definite rules for entry and exit, so back-testing is quantifiable.
b: Big Ben has a definite entry, but the exit criteria are vague, and upto each trader, and thus not quantifiable. ( some may wish to trail the trade, some may choose to take a daily target )
c: Big Baruch has a vaguely defineable entry, which cannot be back-tested, unless more exacting rules are invoked.
Big Baruch, as far as I am aware, has no defintie exit criteria, and thus cannot be back-tested.
In retrospect, 150 pips were on the cards, but without some defining exit rules, it is conjecture whether they would have been won, or whether a Big Baruch trader would have bailed out earlier.
trendie said:has hans123 just missed a home-run of 120 pips by a mere 5 pips.
say it aint so !!
Baruch said:I am telling you that if you took the Big Baruch signal this morning, you would now have around 150 pips in profit. Why do I tell it? Because it's more than Big Ben and Hans123, and we have been following those systems for some time.
chrisw said:Just out of curiuosity Baruch, do you post live trades too?
Ripcord said:I am not seeking to pick on you Baruch but you do leave yourself open to it a bit.
So to clarify if the signal is taken and its a heavily trending day and you manage to hang on and identify the very bottom of the trend for the day then 150 pips is yours.
Mate, I dont care about your entries its your masterful exits that I wish to learn, I should be able to multiply my profits many times over (tongue firmly in cheek)!
PS. Or are exits only taken in the theory of hindsight, pehaps thats what ive missed