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Old 07-31-2007, 04:00 PM
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dpaterso dpaterso is offline
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Hello - thanks for the concern.

The reason I'm sticking to it is because - like I said before - I ALWAYS have a habit of 'bailing out' too soon - and Parabolic SAR has a nasty habit of testing your resolve to the limit - and - when you finally give in - it's uncanny how the pair breaks out into a nice trend.

Put it this way: on 27 pairs - I'm no gambler - but the chances of every single one of those getting stopped out based on PSAR are pretty slim and at least a few of them have to eventually trend for a couple of days - I want to be in for that.

Aside from that - this really is just an experiment on what was practically two 'wiped out' forex accounts. I only trade the Indices and Stocks now and don't use PSAR for these. I just thought - let me test my OWN resolve - and let things take their course. Hey - if it works out - I can just keep trading forex like this until the cows come home - very little maintenance - and - hopefully - if I'm right - long term profits - scalping has not worked for me - ever.

Put it this way: it's the last day of the month at 14h56 New York time - and I am now going to post the fact that as I type the profit on this account is sitting at $1937.97. I will not 'top up' this account for the next month - and - if it gets wiped out - I'll update this thread - and - if it does not - I'll post the profit figure on the last day of August. That would be a fair test would you not say? Oh - and I will ONLY use PSAR - nothing else.

Regards,

Dale.
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