That's one version of reality ... another says that if you had taken every ROT Signal (not that anyone could develop a consensus on what discrete, empirical information equated the "Rule of Ten", btw) in the recent market volatility your account would have been blown sky-high. Which you knew would happen, and that is why you shut it down. *** "If wishes were horses then beggars would ride"
All trading systems are not suitable for all times. I do not disagree with you. I do disagree with you however that r10 is not a workable system.
I am not sure there are alot of systems that are working right now with all the wipe saws.. Real stops are so important...especially now. You are having monthly moves in hours right now.
edit: doesnt look like a selloff into the closing is happening today. It will actually be good if we sold off a bit today to around 1180, then if the bailout is done. the rubberband will bounce back twice as hard.
The fact that we're having this conversation and no one is taking ROT trades (expcept in hindsight, maybe), tells me [the reader] everything I need to know about the system.
Yes, because you brought it up. I have not seen any hindsight trades either (except yours), why even bring up hindsight trades? I refuse to further comment in B1S2's journal about r10. If you would like to discuss this further, please PM me.