Michael says: I understand that the system buys on daily, but what happens when the market sell off for severals day?
[15:47:04] Paul says: it waits until the buying returns [15:47:36] Paul says: the whole thing is really predicated on a long term rising market [15:47:45] Paul says: or an even market [15:48:16] Paul says: then it will make a fortune. but if the market is going to become truly bearish, its not the right system. [15:48:38] Paul says: basically its fortunes lie with those of all the carry traders [15:49:06] Paul says: so GBPJPY i wouldnt go near, right now, but quite a few traders are using is on AUDJPY, EURJPY [15:49:43] Paul says: personally, being completely honest, i prefer a bi-directional system. which is why im using pointbreak mainly at the moment, as its less stressful to watch. [15:50:23] Michael says: I went back and notice we were in a overall up trend since 2000,looking at the monthly but from 1998-2000 we were in a major down trend I realize that was a long time ago buy in a case like that would it blow out your account [15:51:01] Paul says: yes. this is a problem. there ar
