Replies to post #371 on Larry's Market Comments at Critical Points

[TREND1]

exp
you wrote
Larry, trade size as a percentage of the total trading acct is imo a KEY and very difficult money mgmt question...the issue is risk/reward and more basically avoiding wipeout...

answer:
(1)Wipeout ???
(2)Not unless you are playing qqq options with my system,
which is pure "stupid". IMHO.
(3)My system is back tested since Sep 1, 2000.
(4) The built in "stop loss" command is very stable.IMHO.
(5) As you may know, only shorts are permitted right now,
but even if Feb 13, 2003 turns out to be another Oct 7,2002,
there will be a fall back for a "cover". IMHO.
(6) But I must add that the "past" does not always turn out
to look exactly like the future.(g).


Larry Dudash
PS: Please see note (1) in title.

[WinLoseOrDraw]

it certainly is a difficult question, and a very personal one, so i'm not sure it really matters how small or big larry's position percentages are. everybody has to find a different answer for their own risk tolerance.

the fact that i'm a blabbermouth and share all sorts of information about my own trading shouldn't in any way place the same mandate on larry.

-bg-