ETF mean reversion trade. Cutting losses rather than to follow rules of this strategy and keep adding on way down. See below. This Larry Connors stuff is too risky if trend really gets going in other direction when you are in the middle of trying to catch bounce. Not worth it for small percentage gains. Would rather ride a real trend back up once confirmed. This style of trading has high win rate, but not for me because it can fail big & I am not willing to ride these moves with no stops.