Not the best day for me… I should just stick to the box play. Instead, I didn’t play any of the box plays, and stuck to this Hershey-ish (Hershian?) trend-channel methodology I’m trying to learn. I had mixed success, as you’ll see. I’m out of energy at the moment, but maybe I’ll post a big play-by-play review of what could have been, trend-channel-wise, later. It’ll be in jpegs, rather than video form. I really do think the method has promise… but it seems hard to apply in real time. I was afraid of that!
5 Responses
Leave a Comment
October 24th, 2007 at 4:43 pm
i blew up a simulation account trying to learn that method…i did take away a few things that i learned, but the style is way too active for my tastes…i’m sure you’ll have better success than i did
October 24th, 2007 at 5:23 pm
yeah, there’s no way I could get away with reversing every time I thought I was on the wrong side of the market. I think that practically 100% of the time! So, I’m not sure if I’m gonna stick with it. One way I might be hurting myself is using 4181 share bars, which amounts to 1 to 3 minutes per bar. They use 5 minute charts, and their daily annotations seem cleaner, which makes sense I guess. Maybe I should jump up to 8000ish share bars and see what that looks like.
October 24th, 2007 at 7:47 pm
IF this methodology works with minute bars why not use minute bars? Share bars don’t work for every trading plan.
I LOVE YOUR BOX PLAY!! 100% accuracy with good profits today!
October 24th, 2007 at 7:53 pm
Hi Shelly! It’s something to consider, for sure. I’m mainly sticking with my current charts because I’m stubborn. Not a very good reason, I guess! :-) I’ve only tried this for 2 days, and had 1 good day and 1 bad day so far… if I keep having bad days I will make a change.
October 24th, 2007 at 10:13 pm
I need to study the box play more!