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    Traditional Day Trader for TradeStation™

Decades of Wisdom Through Today Designing and Trading

from Coded Indicators and Systems in EasyLanguage™

While true to this day, “cutting your losses short and letting your profits run”  is a misunderstood trading rule.  Richard Dennis – the famous Turtle Trader – provides a much better understanding.

“You have to minimize your losses and try to preserve capital for those very few instances where you can make a lot in a very short period of time. What you can’t afford to do is throw away your capital on suboptimal trades.” -Richard Dennis

 

 Back in 1996, I set out to develop the technical precondition that finds “optimal trades.” I discovered %C and in 2014 I found the additional element to splice into the code and finished the model with the Technical Event Model in 2015.

Glad you made it,

Jack

— Contrary Thinker does not assume the risk of its clients trading futures and offers no warranties expressed or implied. The opinions expressed here are my own and grounded in sources I believe to be reliable but not guaranteed.

— Pricing is subject to change without notice. My indicators and strategies can be withdrawn for private use without notice, at any time.

–Trading futures and options involve the risk of loss. Please consider carefully whether futures or options are appropriate for your financial situation. Use only risk capital when trading futures or options

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