I had 4 winning trades in a row monday to thursday. The weekend trade however was a loss. I'm using a stop loss of 20 points.
So I'm up 20 points in one week.
But indeed, if you look a the weekend trading, it was very active.
Dominique
Waking up premarket and sell does not work. But I do think you can make money. That's why I set a limit order of 10 points.
If you wanted to sell in the premarket to you would not have made a profit today.
Dominique
No I don't wait till just before the open. I'm happy with 10 points so I place a limit order to close it.
Today it got closed within 10 minutes after the close.
3rd day in a row that I earn 10 points (in demo)
Dominique
bought 5 YMM06 @ 11661 near the close
sold 5 YMM06 @ 11671 45 min after the open
profit: +10 points
about $214 profit after commissions
Wooha!
Dominique
(unfortunately my demo software does not have NQ on board)
Do you set a limit order so you make sure profits are locked in during the night?
Closing just before the open is not possible for me as this is in the middle of my working day (Central european time). So I need to place a limit order. I'm just not sure how many points I should be looking...
Hi,
I just read this thread from page 1 till 95. An interesting read.
Does it still work?
I tried it with a demo account. I went long yesterday on YM.
5x YM @ 11609 just before the close.
It just began to go up from 11594 to 11608.
Very curious what it will be just before...