Sigma Strategy
Sigma Strategy: Trading Day: January 25th. - 2008.
This strategy is developed for and should be suited well in a very volatile market. This strategy itself is normally not very volatile, and also a strategy that creates a reasonable amount of trades. Using this strategy also means that most of the time it gives a profit, but sometimes it will also during the trading position lead to huge Draw Downs before the profit occur. Using a trailing stop profit to get advantage of the current trend is a very good idea using this strategy. The strategy is also very useful when used in a combination with a more volatile strategy as Scalp MX or Scalp LS. Profit by following TrendCatch Total day Friday 25th of January 2008. Stop Profit Point/Stop Loss Point: SP 1 / SL 2 - Result: + 4 points. SP 5 / SL 3 - Result: + 6.25 points. To illustrate that this strategy is very will suited for Trailing Stops we show a fixed and very high Stop Profit/Loss - which is not very useful but just illustrate the potential of this strategy: SP 8 / SL 5 - Result: + 14.75 points. Total Potential Max Profit Within the day: + 92.75 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. It is important to trade very close to the Trade Price TrendCatch shows. If that is not possible within few minutes from receiving the signal, wait for a new Trend Change. |
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