See the UMT Simple Plan Recorded Webinar
Mark | May 29, 2008Here’s your chance to see a live webinar presentation of the UMT Simple Plan Live that we recorded from today’s presentation. You’ll get background and additional information on the design, plus see the method firsthand.
http://www.netpicks.com/umt/UMTSimple05302008.htm
The last 5 days have continued to work nicely in our demonstration markets — these are by no means the only markets or timeframes that can be traded, but they give you a good idea of what CAN be traded — the options are many:
The results posted: I have a question. When you post
Roberto Cendejas | June 18, 2008The results posted: I have a question. When you post results you show (1x+) what does that mean and how can we interpret your results. Is is total points on a trade or based on multiple contracts? I am curios what results would have yielded with 1 lot trading.
NetPicks Reply: The 1x level is either used to raise stops to break-even OR it is used to take off part of the trade and raise the balance to break-even. It depends on whether you’re trading single positions or a market where you are either trading multiple contracts or markets where it’s easy to scale in/out (stocks, forex, etc..) — if you only trade a single contract on futures that’s fine as well – we exit typically at the 2x level. Thanks.