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Weekly versus a Daily system
There are merits "trading" in both time frames but for "me" I still prefer a weekly system - I'm a believer if it works for you it's right for you & there are merits trading both. Trading the VIX & Panda strategies has been an eye-opener. Trading daily allows you to (1) exit mid-week instead of hanging out till the end of the week - (2) allows you to take advantage of mid-week moves for a quicker entry into a trend.

Exits are important
After watching the markets these past few weeks adding a volatility exit to my strategies - simply works. Over the last two years, I've raised the question around the "entry versus the exit" scenario & which is considered more important when it comes to the profitability of any trading plan. I still hold the position that the "exit" is where the money is made. I now have to concede the entry is also significant - otherwise, each strategy performance would mirror each other.

Skate.

<blockquote data-quote="Skate" data-source="post: 1101104" data-attributes="member: 57364">Weekly versus a Daily systemThere are merits &quot;trading&quot; in both time frames but for &quot;me&quot; I still prefer a weekly system - I&#039;m a believer if it works for you it&#039;s right for you &amp; there are merits trading both. Trading the VIX &amp; Panda strategies has been an eye-opener. Trading daily allows you to (1) exit mid-week instead of hanging out till the end of the week - (2) allows you to take advantage of mid-week moves for a quicker entry into a trend.Exits are importantAfter watching the markets these past few weeks adding a volatility exit to my strategies - simply works. Over the last two years, I&#039;ve raised the question around the &quot;entry versus the exit&quot; scenario &amp; which is considered more important when it comes to the profitability of any trading plan. I still hold the position that the &quot;exit&quot; is where the money is made. I now have to concede the entry is also significant - otherwise, each strategy performance would mirror each other.Skate.</blockquote>

[QUOTE="Skate, post: 1101104, member: 57364"] [B]Weekly versus a Daily system[/B] There are merits "trading" in both time frames but for "me" I still prefer a weekly system - I'm a believer if it works for you it's right for you & there are merits trading both. Trading the VIX & Panda strategies has been an eye-opener. Trading daily allows you to (1) exit mid-week instead of hanging out till the end of the week - (2) allows you to take advantage of mid-week moves for a quicker entry into a trend. [B]Exits are important[/B] After watching the markets these past few weeks adding a volatility exit to my strategies - simply works. Over the last two years, I've raised the question around the "entry versus the exit" scenario & which is considered more important when it comes to the profitability of any trading plan. I still hold the position that the "exit" is where the money is made. I now have to concede the entry is also significant - otherwise, each strategy performance would mirror each other. Skate. [/QUOTE]

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