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Author Topic: Ouch... too bad we dumped GCE  (Read 17032 times)
Victor
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« on: October 11, 2007, 06:30:12 PM »

Given the generally down day today, too bad GCE was a sell this week.  Popped to new highs today.

Can't complain overall, just a little whine.

Victor
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bryanmcn
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« Reply #1 on: October 12, 2007, 06:09:34 AM »

Hi Victor
Most times when I try to outguess SSP I loose. I set a tight stop on VRS and it hit so I sold below SSP. Having learned my lesson I sold GCE at the end of the day as per the SSP and the next day it popped! A tight stop would have beat the SSP's performance. DOAH!
I will probably keep trying but the more I lean towards sticking to the SSP actions, the more money I make.
Perhaps I have a subconsious need to limit my wealth.
HA ha!
Bryan
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Victor
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« Reply #2 on: October 12, 2007, 07:23:24 AM »

Bryan, thanks for the feedback.  I did some work on stops, which showed some promise for the basic Price Momentum Weekly system.  However there wasn't a good consistent stop for the other (delayed) systems.  I haven't done any work on the trades after they end (as per SSP), but I think I might add it to my to-do list.

For now I'm following the system trades as given.  If the evidence shows there's advantage to tweaking the exits... well, I'll keep everyone posted.

Cheers,

Victor
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DCA
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« Reply #3 on: October 12, 2007, 11:41:39 AM »

I was sure that SSP would issue a buy on GCE so I bought 15K on Friday.  Then Monday was a sell!

Can't complain too much though.  Having lost my only reason to buy GCE I sold for a .01 profit per share.

D
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