Strategies & Market Trends : Day Trading the Russell Emini Futures


 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
From: Ron4/13/2009 5:25:03 PM
Read Replies (2) of 4860
 
I need to update and correct a comment I made here a few days ago. I said I was often bracket trading 5 NQs with a .25 profit target and a .60 stop loss.
I should have said a 25-dollar target and a 60 dollar stop loss. Method still working well, profits beating losses at the end of the week, at any rate. %R and moving averages are pretty good signals for it.

--------
Here is an interesting article for traders who have trouble cutting their losses. The term he uses is 'Get-Evenitis". Pretty good, I thought:

philpearlman.com 
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

Copyright © 1995-2013 Knight Sac Media. All rights reserved.