Decided to give this Turtle trading method a miss. After further tests, I found out that this is a rather long-term in nature......
........and I hate to be a long-term trader!
So far my intraday strategy is working well. I need to complement it with short-term & medium-term strategies, which I am putting together now.
Why multiple strategies?
That's because markets have various phases, and each of the strategy is designed to capture a certain part of the market phase. I try to have a collection of tools that I can use to tackle different market conditions.
Tuesday, August 3, 2010
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