Hybrid Strategy
Hybrid Strategy: December 20th. - 2007 from start of the day to 4:47 PM.
This strategy is a combination of the Scalp MX and LS, plus it has it's own characteristics. Normally the Hybrid strategy is not very volatile and creates fewer trades. On the other hand it also has the potential for bigger profit and losses during the individual positions. As with the Delta, Calculus and Scalp LS this is a strategy where you should take advantage of trailing Stops for profit, to get a better profit than by using a fixed profit goal. Profit by following TrendCatch 11 Hours on December 20th 2007. Stop Profit Point/Stop Loss Point: SP 1 / SL 2 - Result: + 5 points. SP 2 / SL 2 - Result: + 3 points. Using Trailing Stops instead of using fixed profit goals and thereby taking advantage of the long Trends would make the profit rate much higher depending on the administration of the stops. Total Potential Max Profit Within 11 hours: + 32.50 points. Like the Scalp LS and Calculus Strategy, it normally is possible to trade several times during each individual position. |
Trailing Stop Profit protects a profit, but let a winner run as long as possible. The most basic technique for establishing an appropriate exit point is the trailing-stop technique. Very simply, the trailing stop maintains a stop-loss order at a precise percentage or number of points below the market price (or above, in the case of a short position). The stop-Profit order is adjusted continually based on fluctuations in the market price, always maintaining the same percentage or points below (or above) the market price. The trader is then "guaranteed" to know the exact minimum profit that his or her position will garner. |
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