Tony Beckwith
10-10-2006, 10:28 AM
Hi everyone
Loss control is at the centre of MTPredictor - here's an example on the 3min. UK FTSE 100 index, for traders using the STF trend filter...
The first trade is a losing long (despite blue STF trend confirmation) - yes, we are upfront about losses here...the loss is confined to only 1 unit of risk (1R), though.
The second trade is a loss avoided - because the STF trend indicator is still blue...
Thanks
Tony.
Loss control is at the centre of MTPredictor - here's an example on the 3min. UK FTSE 100 index, for traders using the STF trend filter...
The first trade is a losing long (despite blue STF trend confirmation) - yes, we are upfront about losses here...the loss is confined to only 1 unit of risk (1R), though.
The second trade is a loss avoided - because the STF trend indicator is still blue...
Thanks
Tony.