Because the markets have changed since the 80s, I use longer periods for breakouts and trailing stops, no pyramiding, and a bigger ATR multiple as stop loss.
Before trading based on a new method or a new set of parameters, I backtest and so should you!
The strategies I sell are coded, public knowledge trading systems that are time proven to be reliable.
Names like Richard Donchian, Tom Basso, Richard Dennis, and Jerry Parker have used or are still using approaches like these.
They do not promise quick gains, a high win rate, or a smooth equity curve just to impress you, only to later blow your account.
These strategies are meant to grow your account balance in the long run, over the years.
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