thanks tango, ..... i ask because i find that usually unless the market "trades thru " my limit order i am left unfilled more often than not.... probably the main reason why trading simulators give people unrealistic results..... question?? how far in advance do you throw up your orders???
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1% a day and MM
- Thread starter tango29
- Start date
I usually wait to see my break price at least once then go, sometimes though i put in as i see it coming down and get a little better fill. Siwash, I have thought of a tick goal, but you miss out on runs like the other day if you get out, and those can eally offset days like yesterday if you don't make it back to b/e let alone make goal. If you do it that way you probably want to make sure you are using a goal that reflects a favorable risk/reward relationship for those times you take losses so 1 loss doesn't set you back 3 or more goals.
should have been ^30-29 trade and I probably would have had 3 ticks per on a partial, instead of 2 ticks loss on 5. There was a nice ledge at ^30 but I waited and paid the price. Net=358.25
I think yesterday was fresh on my mind and I chickened on my hold, as it so happens it worked in my favor.
I think yesterday was fresh on my mind and I chickened on my hold, as it so happens it worked in my favor.