Turtle Trading Question

[NYCTrading]

Hi,

I'm trying to backtest the Turtle Trading System and I was wondering if the rule where you ignore System 1 breakout entry signals (if the last trade was profitable) also applied to when you add units to an existing position?

 

[amnonco]

Hi,

I'm trying to backtest the Turtle Trading System and I was wondering if the rule where you ignore System 1 breakout entry signals (if the last trade was profitable) also applied to when you add units to an existing position?

you're question isn't so clear.

are you asking - do I add more units if the last addition is profitable?
then the answer is yes, of course.

if you add when price moves N (or half N in the riskier version) in your direction then of course you'd be profitable on your latest addition.

make sure that when you ignore system 1 signal if last entry was profitable you don't ignore system 2 signal as a failsafe.