I have been noting your tweaks to dream liners strategy and believe there is a lot of logic behind them. The move from 10 to 15 pips TP will cut down on the cost of doing business/spread and the reduction of NAV percentage after a large fall is also very conservative.

I do have a question however. If you open a new market order every day that the average price of the position exceeds the ATR(10), do you build a totally new Limit Ladder also?

Hypothetically you could have a position down say 200 pips and enter a market order today with your 15 pip TP and a 100 pip Limit Ladder at 15 pip intervals. The market goes up, take out your original market order for a 15 pip profit and then drops back down to its original position (negative more than ATR). On the next day would you enter a new market order and a new Limit Ladder? Would that not give you two Limit Ladders at the same level so that instead of one position getting hit/opened, you would have two or perhaps even more if the trading pair had been in a tight range (such as the AUD/EUR).

I have been using the original strategy since march 08 with real money results of about 7% per month with a maximum drawdown so far of 20%, but of course I am always looking for a better mouse (or in this case PIP) trap.

Thanks for your input.

DrZ

I do have a question however. If you open a new market order every day that the average price of the position exceeds the ATR(10), do you build a totally new Limit Ladder also?

Hypothetically you could have a position down say 200 pips and enter a market order today with your 15 pip TP and a 100 pip Limit Ladder at 15 pip intervals. The market goes up, take out your original market order for a 15 pip profit and then drops back down to its original position (negative more than ATR). On the next day would you enter a new market order and a new Limit Ladder? Would that not give you two Limit Ladders at the same level so that instead of one position getting hit/opened, you would have two or perhaps even more if the trading pair had been in a tight range (such as the AUD/EUR).

I have been using the original strategy since march 08 with real money results of about 7% per month with a maximum drawdown so far of 20%, but of course I am always looking for a better mouse (or in this case PIP) trap.

Thanks for your input.

DrZ