Trend 16 - With Limits, No Stops - Down, Down, Down

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Rules:

Data set taken from 01/01/10 to 31/03/10

Trading Type: Stocks
Start Time: 08:00
Finish Time: 16:00
Stop Loss: None
Limit: x% on High
Long/Short Trading: Long
Buy Rule:
-7 Day Close > -2 Day Close

-2 Day Close > -1 Day Close

-1 Day Close > 0 Day Open

Sell Rule:

If Day 0 Profits at High > x% then take Profits at x%; else

If Day 1 Profits at High > x% then take Profits at x%; else

If Day 2 Profits at High > x% then take Profits at x%; else

If Day 3 Profits at High > x% then take Profits at x%; else
If Day 4 Profits at High > x% then take Profits at x%; else

Day 4 Close take Profits/Loss

Results:

Report:

And here we have it. The last of a very bad set of results. I am really glad I didn't go out and spend my hard earned cash following any of the trends in this set. I thnk I might have been a little upset and I probably would have earned more down at the casino!

Another successfully found way to not make money trading! Now let's see the difference when we apply stops instead of limits.

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