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1% a day and MM
- Thread starter tango29
- Start date
Isn't that what you are supposed to do?!
I had the equivalent of a rentry for es that i put in my regular account so got out of this one as I had goal. Bonds didn't have a reentry but was well into money and had a good run so closed and got back in later in other account. Still wishy washy on whether to take goal or let it run also for this plan. Caught a math mistake and actually made 1 tick less on bond trade, but still over the mark for adding contract.
Since the money is mine regardless of account, I am thinking I will use my discretion for closing at goal or letting it run. Like today, if I have a reentry/ addon point and I am at goal I will probably close this account out for the day and open the next trade in the other account.
I had the equivalent of a rentry for es that i put in my regular account so got out of this one as I had goal. Bonds didn't have a reentry but was well into money and had a good run so closed and got back in later in other account. Still wishy washy on whether to take goal or let it run also for this plan. Caught a math mistake and actually made 1 tick less on bond trade, but still over the mark for adding contract.
Since the money is mine regardless of account, I am thinking I will use my discretion for closing at goal or letting it run. Like today, if I have a reentry/ addon point and I am at goal I will probably close this account out for the day and open the next trade in the other account.
...the news response didn't meet my criteria for a short in NQ. Curious how you choose which issue to trade in response. Any logic you can share, or just watching all four and picking one intuitively? Thanks. - Mike
new dilema. I maybe cheating by taking trades in 2 markets which means I am really trading more than the allotted contracts. Yesterday I had 2 markets which was 4 contracts, and today for a short time I had 6 contracts with US and es overlapping. I think I need to get out of one to take the other based on the idea I was trying, so will have to watch that from now on.
Watching them all. Looking for breaks or holds of support and resistance. I had a pivot drawn at 57.75 for the es and was intially trading around that. Saw the Us break what I ahd as support at ^17 and went with it. Right now I'll hold it to see how it reacts at ^14, where its at right now, so back to trading.