Registered User
Joined: 3/19/2005
Posts: 47
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Mr. Worden,
I watched the video with interest. I realize that this is a new trading system, so I'm willing to wait to see it develop and be refined. There are two things that I observe. First, the signal to enter the trade is pretty fuzzy. In several occasions the signal failed, or was at least too early as you noted. Second, there was no discussion of an exit point. To be a really useful trading system, it needs a way to enter the trade with an expected success rate considerably higher than 50%, and a signal which tells you when it's time to take your profits or cut your losses. So, probably the implied, but unstated advice is that this technique is just another tool which needs to be confirmed by TSV, MS, and some of the other great tools that you make available.
Stephen Smith
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Worden Trainer
Joined: 10/1/2004
Posts: 18,819
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There is no silver bullet for trading anything. I believe no one should trade based on any single signal and confirming is never a bad choice.
- Craig
Here to Help!
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