splanky,
Well, let me expand a bit more on this type of trade and the motivation behind it.
I'm not heavily capitalized in the ol' trading account, and therefore pretty cautious in these uncertain times and markets. In fact, I like to use 5000 as the 'Cash Reserved' amount and see if the payoff is still there. It seems more real world. Getting the high percentages with a small starting amount in something like DROOY just adds to my confidence with the buy signals.
In this all-or-nothing approach , not only do I target an exit point at the first sell signal (DROOY regularly offering a 7 - 10% opportunity), but I also have a stop loss target in mind (5 - 8%). This gives me a plan to trade and that helps me with trading discipline. It also prevents me from lamenting about missing a long run up. Small steps...
Once I close the position, I am likely to be in a different position (or two) when the next buy signal occurs. So, I tend to look at these short term buy-sell swings as disconnected opportunities that hopefully I can take advantage of when they happen.
I believe with the way DROOY-like stocks perform over a longer term within xdev, that this type of trade has a higher probability of success with less overall risk than other indicators I use.
Again, this is using xdev in an un-xdev sort of way, and I don't want to confuse the issue and underlying strength of the program. Yet, for me, it just shows another dimension of it's versatility.
Maybe Myst can offer his thoughts on this approach.
Best,
Stiv
Market Data 
Markets 
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