Second I suppose

by

 

Hi Steve,
I never used any predicting tools when trading. I suspect BW hadn't have a whole system when writing his first book and that's why MFI and Bullets appeared in it - it was contradictory to what he wrote in his second one. His original technique from the second book requires a sizeable account - I backtested it and found 500K as a comfortable level. It takes to have a Money-Management and some Equity-Trading Rules when applied to lesser accounts. What I gotta say is BW technique represents just a tool and has to be applied carefully.

My regards,

Oleg.



Posted on Feb 22, 1999, 12:54 AM

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