Sunday, May 07, 2006

Hope/Lope Summary

We have been paper trading this very simple reversal setup for a week now and it seems to be working very well. We are going to continue to trade this some more with the hopes of working on the mechanics of the trade even more next week. As I recall we didn't have a single losing session last week. We had a lot of trades that were -1 to +1 and then a few that went up to +5. I think our worst loss was -1.5 but I haven't really checked the notes. I have written up a document describing our full proceedure and may post that soon.

Trader X

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