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Re: POKERSAM post# 1503

Wednesday, 12/07/2011 10:45:05 AM

Wednesday, December 07, 2011 10:45:05 AM

Post# of 2930
Hi Sam, maybe I can help
Northam's system is strictly trend following, primarily bullish trends and secondly bearish trends. It was not ready for the Market whiplash after July. Prior to July this year he had no Buy Blockers to keep him from buying into a Market Bearish reversal, so a couple trades bought into the mid year downturn. Those are the losing trades that he is holding, he also has a rule not to sell for a loss if he can help it. He has since established some Rules to help him not get stuck holding too long and prevent him from buying into a reversal. I think the new rules are good ones and will help with his system. I tried to discuss some type of stop orders for his system but the triggered Sells he has had in the past have Worked for him so he is standing pat on them.
Hope this helps to explain the loss for him so far this year.
Good Trading!

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