MDRL is a counter trend intra day system. MDRL
trades two contracts on the Russell 2000, and
two contracts on the S & P Midcap. One contract
on each index will always be closed at end of
day, and the other contract at times is held
looking for approximate $1500 profit target.
It is only held overnight if it was in the money
at market close.
MDRL is best for the long term patient investor.
For people with less capital, less patience who
want much more sizzle, please see the other systems.
hypothetical risk per contract is from $1000
to $1500.While the profitability of MDRL is best
trading the emini Russell 2000 and emini Midcap,
it can also trades successfully with no changes
in parameters on S & P 500, Dow Jones, NASDAQ,
Russell 2000, Russell 1000, Value line index,
S & P Midcap, Dax, and Japanese Red Kidney
The reason for its robustness is based on its very simple entry technique and
the fact it has very few filters & rules.
A large sample size (2,800 trades) over 22 years, suggests a better probability
that the future returns will be similar to past returns.
requirement is $35,000 to trade Bounce ER moc
(Market on close) version & Bounce ER Long
term version & Bounce
EMD moc version and Bounce EMD Long term version
and Bounce ES moc version. Smaller accounts can
trade about 1 contract per $7500..