9/17/2023 0 Comments Al brooks wedgeThere are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. His approach to reading price charts was developed over two decades in which he changed careers from ophthalmology to trading. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. AL BROOKS is a technical analysis contributor for Futures magazine and an independent day trader. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. The buy-the-close bulls who bought the October 28 bull breakout were disappointed with the past two trading days and tried to get out at their original entry price but. Hypothetical performance results have many inherent limitations, some of which are described below. The Emini had a strong reversal following the FOMC report yesterday and the Emini may test down and reach the October 21 low before the market can bottom.
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