Fw: Today's Meeting

From: HERB B.
Sent on: Thursday, March 21, 2013 4:40 PM
Hi to all,
 
I have been challenged to identify what tidbits I came away with this morning.
 
Below is my response to him.
 
HERB
 
Hi Rich,
 
Unlike a lot of the presentors I have observe at these meetings, I will ALWAYS explain what I do. Not the details of how I program, or how I will incorporate them in my personal trading tool arsonal. But I always strive to educate others as to what they might emulate. 
 
This morning there were actually 4  tidbits. Let me enummerate them:
 
    1) automate the programming of fibannachi. ( From my trading plan ---"trade what you see NOT think--").
 
    2) use the idea of were to place your stop first ---- then the rest "--should follow -- " I will try to program that is some way.
 
    3) size the position accordingly.
 
    last but NOT least.
 
    4) automate the determination of what percentage of ATR the stock in question happens to now be at --- that might suggest its "future" range of behavior.  (Since I am on a 1 min time frame -that might be useful).
 
All this to be tested in the simulator.
 
I HOPE THAT BELAYS YOUR COMMENTS !!
 
HERB
 

From: "[address removed]" <[address removed]>
To: [address removed]
Sent: Thursday, March 21,[masked]:14 PM
Subject: Today's Meeting

Herb,
 
You are quite the comedian. You had me LOL.
You send an email out saying you learned three things and then you don't tell us what they were.
Are you going to share or did you just want to tell us that you learned something.
 
Thanks and Best Regards,
 
Rich




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