Hey, thanks for the responses, appreciated :D
The reason is this: I think it is fair to say that no one can predict what the market will do next; however, if one defines what their goals are when entering a trade then one does not have to predict the market but follow ones plan (assuming one...
Hi all,
This question / poll goes out to futures traders. I have always been curious as to how successful intraday futures traders plan a trade as far as risk to reward us concerned.
I myself am at the breakeven / looking for consistency stage in my trading. I tend to look for 2/1 r/r (so...
Thought this would bring some nice discussion ? Does the lack of response mean no one knows really how they take profits and stops or everyone holding cards close to their chest ? :D
Hi all,
This question / poll goes out to futures traders. I have always been curious as to how successful intraday futures traders plan a trade as far as risk to reward us concerned.
I myself am at the breakeven / looking for consistency stage in my trading. I tend to look for 2/1 r/r (so...
HI all,
Can anyone post a chart of what AMT meant by the 1/2 line break thing ? Also, does anyone have an old chart of AMT's out there that shows what he looks for volume wise and setup wise ?
Thanks ! :D
I like the way you are thinking, price action is key IMHO. Can you post a chart or two showing a few of your trades and how your money management would show you consistent profits even if just taking random entries ?
Cheers :D
I have thought about the 'wait for a pullback' idea but at the end of the day isn't the whole idea to jump on the train while the momo is moving on the cross and won't most of the best trades and winners just bust through the zero line and price just follow through without any pullback ? Food...
Interesting Bearbelly on the breakeven after up 10 points. A fairly large chunk of your trades must finish at breakeven I would imagine and do you find that your are actually creating a positive outcome by doing this ? i.e. there must be some that go with you 10 or more but don't hit 20 then...