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Yes, which is why I always use "mental" stops -- which, in and of themselves, are not pegged to a specific price point but, rather, to market behavior. In other words, if my methodology says "buy" and price moves 1.5 points against me, but the factors that triggered my entry remain in force...

Hey, I appreciate the feedback! In fact, I've had sneaking hunch that this is, indeed, the truth. I only wondered whether anyone out there -- anyone experienced, and successful over the longer-term, in futures trading -- had built his/her career with a "pea-shooter". Perhaps not. Perhaps...

Yeah, but that's the thing. See, I'm not sure that the system has anything to do with it. I mean, clearly (or is it?), I'm not buying/selling breakouts. I'm buying/selling retracements -- pretty much like most folks. The thing is, I hate sitting there, waiting, watching a 1/1.25 profit...

Perhaps some folks might find it useful to participate in a thread about risk/reward, about cutting your losses short and "letting your winners run." Or not run. I'll get the ball rolling here. I don't let my winners run. Never. The pain I experience in watching a profitable position...

easy: dump rsi :D

Ok, here's what I don't understand: Price can do one of two things -- go up or go down. Which means we have a 50:50 chance of being right (or wrong) when we guess where price is going to go next (right?). So, why not a trading strategy based on random entries, with some multiple of stop...