ivycapman
17 posts
msg #130642
- Ignore ivycapman |
8/29/2016 9:58:28 AM
does anyone remember this system? It used a tempered martingale progression to vary the number of shares held at equally spaced intervals until price action caused the last of the shares to be sold and a fixed profit was achieved. There was no top and bottom picking and random price action worked fine as long as price ended up, sideways, or slightly down. Gambling systems don't work because you can't change a game with a negative expectation into one with a positive expectation by use of tactics. In stocks, we can't reliably pick tops and bottoms but we can usually stay out of a steep downtrend using technical analysis.
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