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Wednesday, November 28, 2007

Automated grid trader

Well I'm making progress with the trend hedge for the grid trader. I am still contending with some whipsaws. But, utilizing the Bollinger Bands indicator has opened up some more ideas. Bollinger Bands will tell me when the market volatility spikes. Therefore, I can either close the grid or apply the hedge. Either way there will be some losses during the volatility. Just need to minimize the losses and wait out the spike.
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