Trend Follower: The Inverse "N", example 2

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Saturday, July 23, 2011

The Inverse "N", example 2

It would be interesting to see the result of Inverse "N" theory in my previous post in US markets. As I mentioned before, in US and FX markets, your critics cannot accused you of hyping and manipulation.

http://tracer-tracer.blogspot.com/2011/06/inverse-n-example.html

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Tracer's Trading Rules

1. No Set up, No Trade

2. Plan your stops before entering a trade

3. Let you profits run

4. Never argue with the tape

5. As soon as your price move in your favor, increase you stops.

6. Always be on the look-out for danger signals.

7. In a losing streak, take a vacation.

8. In a winning streak, add more.

9. 3 rules you must always follow, 1. cut-losses, 2. cut losses and rule number 3. cut losses.

10. I do not have targets.

11. Keep Learning. The market is constantly changing. No strategy works forever.

By following these rules, you have limited risk and unlimited profit potential.

Saturday, July 23, 2011

The Inverse "N", example 2

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