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Hi Coyote,

Sorry for taking so long to get back to you, never enough hours in the day.

As you did initially I also want to make a disclaimer, I have no connection with Jim Berg and am not posting to promote the method or saying it is a great or even a good method as it does have faults but am posting because it is the method I use, someone else has an interest in and would like to improve on it if possible.

Just remember I am way behind in terms of T/A from most of you guys so what I have done is fairly simplistic but that is why I am here, to learn and improve.

Have attached a table and charts. They are in excel format hope that is ok, had to split into 2 to satisfy file size restrictions.

The Jim Berg method is designed for buying on open the following day from an entry signal and selling on open the following day from an exit signal. This style of trading suited me as I could set buy and sells before going off to work. You will notice some of the January trades weren’t on open (as I hadn’t gone off to work) often to my detriment.(not the not going off to work).

Haven’t back tested the method, have been thinking of getting tradesim. Use training mode in bullcharts but that’s about it.

Have included all the trades (8) I entered in January. Included one from February as wanted to include a negative outcome trade.

ENTRY

I do a scan for the Jim Berg entry points, look for uptrends, and then visually match for SIROC lines being at or close to 10% line and an uptrend crossover of the SIROC lines. All trades listed with the exception of SYB followed this rule. The SIROC was about 25% but volumes were rising so I took the trade.

EXIT

My exits haven’t been as consistent.
They used to be

Stop loss

Jim Berg Take Profit point or If SIROC lines reached 90% (whichever came first)

If you look at the charts, using the 90% rule would have given a greater profit in almost every case. So am now using that as exit although doesn’t always work so still looking for refining.

Any ideas would be appreciated.

Cheers

[ATTACH]7491[/ATTACH]

[ATTACH]7488[/ATTACH]

<blockquote data-quote="Fero" data-source="post: 138891" data-attributes="member: 6894">Hi Coyote,Sorry for taking so long to get back to you, never enough hours in the day. &nbsp;As you did initially I also want to make a disclaimer, I have no connection with Jim Berg and am not posting to promote the method or saying it is a great or even a good method as it does have faults but am posting because it is the method I use, someone else has an interest in and would like to improve on it if possible.&nbsp; Just remember I am way behind in terms of T/A from most of you guys so what I have done is fairly simplistic but that is why I am here, to learn and improve.Have attached a table and charts. They are in excel format hope that is ok, had to split into 2 to satisfy file size restrictions. The Jim Berg method is designed for buying on open the following day from an entry signal and selling on open the following day from an exit signal. This style of trading suited me as I could set buy and sells before going off to work. You will notice some of the January trades weren’t on open (as I hadn’t gone off to work) often to my detriment.(not the not going off to work).Haven’t back tested the method, have been thinking of getting tradesim. Use training mode in bullcharts but that’s about it.Have included all the trades (8) I entered in January. Included one from February as wanted to include a negative outcome trade. ENTRY&nbsp;I do a scan for the Jim Berg entry points, look for uptrends, and then visually match for SIROC lines being at or close to 10% line and an uptrend crossover of the SIROC lines.&nbsp; All trades listed with the exception of SYB followed this rule. The SIROC was about 25% but volumes were rising so I took the trade.EXITMy exits haven’t been as consistent.They used to beStop loss Jim Berg Take Profit point or If SIROC lines reached 90% (whichever came first)If you look at the charts, using the 90% rule would have given a greater profit in almost every case. So am now using that as exit although doesn’t always work so still looking for refining. Any ideas would be appreciated.Cheers[ATTACH]7491[/ATTACH][ATTACH]7488[/ATTACH]</blockquote>

[QUOTE="Fero, post: 138891, member: 6894"] Hi Coyote, Sorry for taking so long to get back to you, never enough hours in the day. As you did initially I also want to make a disclaimer, I have no connection with Jim Berg and am not posting to promote the method or saying it is a great or even a good method as it does have faults but am posting because it is the method I use, someone else has an interest in and would like to improve on it if possible. Just remember I am way behind in terms of T/A from most of you guys so what I have done is fairly simplistic but that is why I am here, to learn and improve. Have attached a table and charts. They are in excel format hope that is ok, had to split into 2 to satisfy file size restrictions. The Jim Berg method is designed for buying on open the following day from an entry signal and selling on open the following day from an exit signal. This style of trading suited me as I could set buy and sells before going off to work. You will notice some of the January trades weren’t on open (as I hadn’t gone off to work) often to my detriment.(not the not going off to work). Haven’t back tested the method, have been thinking of getting tradesim. Use training mode in bullcharts but that’s about it. Have included all the trades (8) I entered in January. Included one from February as wanted to include a negative outcome trade. ENTRY I do a scan for the Jim Berg entry points, look for uptrends, and then visually match for SIROC lines being at or close to 10% line and an uptrend crossover of the SIROC lines. All trades listed with the exception of SYB followed this rule. The SIROC was about 25% but volumes were rising so I took the trade. EXIT My exits haven’t been as consistent. They used to be Stop loss Jim Berg Take Profit point or If SIROC lines reached 90% (whichever came first) If you look at the charts, using the 90% rule would have given a greater profit in almost every case. So am now using that as exit although doesn’t always work so still looking for refining. Any ideas would be appreciated. Cheers [ATTACH]7491.vB[/ATTACH] [ATTACH]7488.vB[/ATTACH] [/QUOTE]

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