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Agree with tech here.Theres no such thing as a good entry.A good entry for one system may not be for another.Another thing to remember is that few entries beat random entry.Iv seen a random entry system backtested and returned 30%+ annualised.And the exit was one of two:*A 1 year time stop*100% gain exit.So the exit wasnt great (at least in theory) as it went against the saying of cutting losers short and letting winners run.So what was key here?Universe and money management. 2 factors which in my opinion are more important than entry.If you want to improve a system look at money management not tweaking the entry.......(Wheres Michael when you need him?)
Agree with tech here.
Theres no such thing as a good entry.
A good entry for one system may not be for another.
Another thing to remember is that few entries beat random entry.
Iv seen a random entry system backtested and returned 30%+ annualised.
And the exit was one of two:
*A 1 year time stop
*100% gain exit.
So the exit wasnt great (at least in theory) as it went against the saying of cutting losers short and letting winners run.
So what was key here?
Universe and money management. 2 factors which in my opinion are more important than entry.
If you want to improve a system look at money management not tweaking the entry.......
(Wheres Michael when you need him?)
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