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In a message dated 00-02-25 09:18:20 EST, you write:
<< But if you don't enter
at the high price you will miss some big moves, and reduce your systems
performance. >>
That is exactly the problem with retracement trading:
1. You miss all of the initial moves.
2. The retracement may be a reversal.
I've had mixed results with retracement trading.
So, is it better to try to call trend reversals and take a breakout
position during the initial move or is it better to wait for the first
retracement?
Jim
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