03/08/2014 System 2 revision

I realized that the stop level is quite far away when entered around 0,3% distance from the bollinger band.

The stop is 1.5 points further away from the bollinger band at the time of entry (FIXED Stop Level not dynamic as mentioned in the previous posts.)

When the market is around 400, 0,3% is 1,2 points. So the stop level would be 1,5+1,2=2,7 points away from average entry.The risk is too close to average win which is around 3-3,5 points.

In the final revision a gradual entry strategy has been applied.

Half of the entry around 0,3-0,4% from bollinger band  and the rest around 0,2-0,3%.

Then 40 deltas at MA20 40 deltas at Ma50 40 deltas at 0,3-0,4% from the counter band were exited.

30 deltas were kept.

System 2 will be revised as below for better results with lower risks.

First entry around 0,3-0,4% distance with  600 deltas with target MA50.

Second entry around 0,2-0,3% distance with 800 deltas with target 0,3-0,4% distance from counter band.

Third entry  around 0-0,1 %  distance with 600 deltas with target MA 20.

The idea is to increase the profits with reduced risks.

Because to exit on MA20 with a reasonable profit the entry has to be a good one.Otherwise an average entry with the risks can be sustained with at least MA50 exit.