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Mark Holstius

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Joined: 10/11/2012
Location: Sleepy Hollow, IL

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Subject : RE: Follow The Money Update
Posted : 9/13/2017 6:47 AM
Post #36890 - In reply to #36889

Good morning Jim(s),

I wanted to wait until the TRV trade closed out before commenting further, and it ended up being interesting.

I can't tell what the Trade Plan details are, but this particular trade used the new CTX-1 system and the logic proved to be correct. It took a bit of patience (and luck?) - but in this case the statistics worked to our benefit.



The MDD during the trade was -10.95% and the final exit was a -4.07% loss.

This proved to be like the cases in my thread about stops where a stop set at 5-10% would result in the P/L% for the trade being worse.

Not easy to watch, and there will definitely be times when a stop would be an improvement, but the statistics hold up given a large number of trades...

As I said at the Bash, my FTM portfolio is an attempt to follow the major players / institutions. Maybe their algorithms kicked in because of the drop in price, maybe it was luck with the hurricanes?

Here's hoping we don't get too many of these in the future, and that the RTM statistics hold up over time.

Mark



[Edited by Mark Holstius on 9/13/2017 6:49 AM]

Attached file : TRV Trade.png (69KB - 748 downloads)

Deleting message 36890 : RE: Follow The Money Update


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