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Kauri

Thanks -- I presume that is a MS -- formula? -- the RSI Berg is using is 7 days.

Fero

If you kept a record of the trades -- would you mind briefly posting them (figures only) -- for a statical input -- are the entry and mainly the exit conditions the same?

Tech

I refuse to harp on this: but I simply do not get your point about attitude?

I do disagree though and no it's not "attitude" but from my own approach to the market and the past gambling experience/knowledge I have that your insistence/approach  on a "positive expectancy" or whatever you want to call it is not necessarily the correct one -- what you are seeking is what a casino or gambler calls "over the odds" --- which I would presume you and most others are familiar with --- from a casino/gambler's perspective you can not get "OVERS" until you know the long term strike rate -- the long term S/R will determine the "ODDS" --- it's the ODDS that then determine what the minimum return must be --- naturally you would only take trades that offer OVERS ----  so by rights the "money management plan" should be tailor made for each System/Method based on its ODDS.

And don't bother trying to present arguments against it because it is the correct approach -- full stop.

Cheers