Macro...thanks for the idea of having separate accounts 1 long and 1 short in different ratios. I don't think it is that simple, but I can see how this can reduce risk and help one go with the flow of the market. I understand that you must know when to accumulate and stop accumulating and when...
FuturesTrader71
Sounds good, I agree but I believe scaling in works better in lower volatility and tighter ranges. I tend to do well in channels where I can scale in back and forth and price reverts to the mean. In higher volatility markets and breakouts I suffer the painfully high "heat".
Trent.....good point. I also believe scaling in can be a part of a good trading plan as long as all the details are in place before the trade is palced (such as # times to scale in, and maximum stop point if proved wrong). I believe once the initial trade is placed I can place all the other...
I may go to trend trading if scaling against the trend proves not possible but I currently trade reversals as price has extended itself to extremes and is bouncing off of trendlines or key fibs..... and I fade spikes off of news. When I enter my initial position price is moving against me and...
Thanks guys. My system trades trendline bounces usind MACD divergences as confirmation. Maybe, for example, I can scale 1 contract into the ZN 3 times maximum every 1.5 points against me with a fixed stop point where I exit the entire position if wrong placed in the market. At least the...
July 29, 2005
My trading storyâ¦
I started trading a $30,000.00 account January of this year. I started the year off trading 2 contracts of the ZN and was being stopped out of everythingâ¦down to $29,200. Then I started to think that Iâm never going to be exactly right on entry so I...
That's all good, but the "good" money will go where the markets go.....whether up or down...........and inspite of the Macro Socioeconomic RE Bubble Import/Export Euro Theorem.......unless of course your looking long - term, maybe 4500 minutes out.
:p