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An amazing Friday

On Friday, the Futures drops down by 236 points within less than 1hr after opening. And then, it goes up by 455 points and closes at the highest. I guess all the tactics about stop-loss would be unfunctioning in this situation. However, under the Boter's design, the risk of this kinda loss has been digested by the possibility calculation. Up-to-day, the stop-loss-related gain/loss is break-even. So, sometimes I think, the function of stop-loss is to protect the fund from broken rather than earning extra profit..

JK
Shanghai Sunday night

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Comments (711)

leslie:

This is a serious topic hence I won't give up my point without having a mathsmatically reasonable proof, and actually, this is the research work I'm to do next.

However, more and more other reasons seem to prove that you're right. In 1987, the DJI droped by apprx. 23% in a day, without any fundmental excuses. Under this circumstance, not like what I used to say, we do need to use this tool to protect the fund. This happens -- fat tail.

As the accuracy goes up, the purpose of gaining extra profit by using this touch-and-trigger strategy becomes vague, according to the test report.

What we're to determine is the strategy upon LAPUTA. Let's talk later.

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