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Bruce Hands

Veteran
100
Posts: 118

Joined: 12/25/2003
Location: Butte, MT

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Subject : RE: HEY, WHERE DID MY TRADE GO?
Posted : 10/23/2009 5:57 PM
Post #17851 - In reply to #17850

Jim & Tom,

I can't figure this Trade Plan out at all and it is the 'default' trade plan when using the HCT strategy. Ryan did say that one could delete step three in the trade plan and then I asked him what was the logic behind step three and he couldn't say. He said that Jeff worked on the trade plan and that posting the question in 'N' club forum might elicit a response.

But HCT isn't a proprietary club strategy so it seems that that this is the better forum to discuss the topic in.

Tom my wife just popped her head out of the shower curtain and said is that you laughing? I said yes I'll fill you in when you get out. Unprotected sex in Las Vegas might lead to a slow death but naked trades could kill your option to traveling to Las Vegas a lot faster.

I'm sure glad this was discovered before I went live with this strategy but I'm still totally puzzled as to why step 3 has any purpose whatsoever. Why in the world would anyone what to pull profit and trailing stops after being in a trade for several periods and then put them back in after 4 periods, what's the gain???

Bruce H
Deleting message 17851 : RE: HEY, WHERE DID MY TRADE GO?


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