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Re: euterpe1 post# 16870

Sunday, 09/30/2007 7:02:43 AM

Sunday, September 30, 2007 7:02:43 AM

Post# of 17625
Understood. I look at mvp's intratrade draws on original buys with the same thought, but have never found a way to apply what you said that would not end up 'reducing' profits.

By that I mean, you bail out at X and re-enter at Y, and just cost yourself Z if you had just 'stayed the course'.

One real life real$ example, the current trade was down 26% during the worst of the subprime august meltdown. Yet, right now, the same trade is up 19% and has already pocketed 2 rounds of open-close-donepiggyback trades.

Last but not least, as I have always contended, mvp draws are a lot easier to 'stay the course' with if you're me, ie wrote the program and can look over the 10+ year history any time theres a draw and see all the prior ones and how they made out.

http://finance.groups.yahoo.com/group/mvpsignalsystem/?yguid=273796305


You CAN time the market!

But only after you trash the big 3 myths.

Myth 1 - its possible to get every point of every move
...Myth 2 - you'll never have a drawdown
......Myth 3 - you'll never have a loss

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