Replies to post #377 on Larry's Market Comments at Critical Points

[TREND1]

exp
Metastock 8.0 takes all these things into consideration.
(1) You can set the number of trades.1,2,3,4, to what ever.
(2) You can set the percent of portfolio to use in each trade.
(3) Draw down.
(4) Etc.


WLD also knows these things because he uses WealthLab


If you can program, maybe you should spend a little money
in Metastock and/or Wealth Lab

Larry Dudash

[WinLoseOrDraw]

a noble endeavour, to be sure, i look forward to seeing what you come up with.

if larry's gain percentage is derived from his position size, then unless you're talking about positions so small $10 commmissions have an impact it would seem to me that you have what you need. if it's +5% on a portfolio of unknown size and the positions aren't 100% of the portfolio, then i guess i'd agree more information would be useful.

i'm curious, what do you do with people like me who have signals that DO have a clear exit plan in case things go wrong but that exit plan is not defined in terms of a numeric stop loss?