2009.07.02 BACK TO BASICS - K.I.S.S.

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Postby kent1986 » Mon Mar 28, 2011 4:16 pm

Hey TRO, I have a question to ask about the horizontal line strategy.Is it possible to use random lines, will lines spaced apart say 5 to 10 pips also be profitable. Also can we use the exit playbook to to lock in profits. One more thing if the lines are spaced out 5 to 10 pips, would using a 5 to 10 pip stop be sufficient. I think we should start back posting on this strategy, looks like a good strategy to help newbies.

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Postby TheRumpledOne » Mon Mar 28, 2011 4:58 pm

Yes, you can use random lines.

Lines are not profitable. Only traders are profitable.

Yes, the purpose of the EXIT PLAY BOOK is to lock in profits when they exist.

Back posting? Are you a Yale student?

Please do NOT PM me with trading or coding questions, post them in a thread.

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Postby TygerKrane » Mon Mar 28, 2011 8:41 pm

TheRumpledOne wrote:Back posting? Are you a Yale student?

lol, I think he means people should start back, posting into this thread and making it active again...

**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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