Bet the Farm Strategy

Partial farm, & ES Quote from Calmpassions:

ES trading Strategy


.......enter a market order to sell with a one point stop and a three point profit target.

With this strategy, you are riding the wave of the trend. someday there will be no signal to trade, keeping you out of choppy markets.


This is a very high probability time to enter the market. It is a great way to trade with the trend. You know the old adage, " the trend is your friend."


Happy trading!
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Calmpassions; if you do have 100 farms;
may be a wise idea to risk 1 or 2 and ,
Buy1 sell 2 nickname may want your post on his grain journal.:cool:

And you're right on the trend = friend;
even those that dont like that truth ,[trend =friend],
almost all of them use a counter-trend or sideways trend [aka range]
 
I couldn't agree more. It's a function of the low volatility environment we're in. All these funds moving money in and out and fading sharp moves causes reversals.

It's very hard to have a real trending day when big players put up huge size on the offer into a rallying market - happens all the time.

Quote from Pabst:

Couple of problems I have with "closing" bars. For one, what's so special about 10:30 as opposed to 10:43. I'm paid in price and all I care about is price.

Secondly I've noticed that after many years of obscene, in your face, close at the extreme of the day trendiness, suddenly the indices are changing. The market is becoming quite forgiving with retracements if not flat out reversals after the early to mid morning move. The ever changing profile of the market is systematic of it's organic nature.
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My komodo dragon smells fresh meat.

Two hikers in bear country. The 1st hiker says to the other "What do we do if we get cornered by a bear?" and the other hiker reaches in his pack and pulls out a .22 cal pistol. The 1st hiker laughs and says that'll just piss em' off. The 2nd hiker replies "I'm not gonna shoot the bear. I'll shoot you, and while the bear eats you I should be able to get away."
 
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