- Trading Rules listed here were distilled from my early T4L years 2006-2009 (big trends). The past 2 years 2011 and 2012 have not been good and clearly a re-think is needed.
- Undergone a long process to arrive at ... Conclusion : Rule 10 changed from "Slow fuzzy exit" to "Pre-determine stop losses". Previous practice of waiting for original chart pattern to be destroyed before exiting position now abandoned in favor of pre-set hard stops. GTC stops placed once position initiated.
- Trade offs detailed in attached table. Taking away discretion and flexibility from myself, result should be less volatile P&L swings but lower P in good times. Should ensure T4L survival.
14 November 2012
Major T4L Rule Change : "Pre-determine Stop Losses"
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