I Can't Make a Friend of the Trend | Psychology and Money Management

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I Can't Make a Friend of the Trend

  #23 (permalink)

St. Louis
Trading Experience: Beginner
Platform: thinkorswim, NT8
Favorite Futures: equity and fx futures and options
Leon of Pizza's Avatar
Posts: 133 since Sep 2013
Thanks: 92 given, 168 received

@WoodyFox I'm not familiar with the strategy, but that looks like its over 3 std dev to me. its outside of the distribution's range.

I use a tool that's a cousin to it, measured moves inside and outside of yesterday's range. Its also a cousin to one of the pivot points tools, because the +/-150% are exactly correlated. I can't take the heat like you do though, so I'll give up at 25% of yesterday's range. 12.5% in bigger ranges like we've had recently.

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