Monday, October 13, 2008
SPI Model update Oct14
Quick update, the exit according to the old rules would have been this morning at open. Funnily enough, the overall trade is very profitable, but with large intraday drawdown. Yes the market did bounce but you would have had to live thru the last few days volatility, hence my original comment that the position sizing must be kept very low for this kind of trading.
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