Columbus 5 Day ES Intraday Trading Exploration

Quote from mujoh:

Spike,

how much profit do you need before you put your stop to entry?

Thanks.
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My stop is always at 2 points.
I put my stop at the entry if i see a trade that is very risky (signal that is a bit confused) or when i'm over 2 points in open profit.
If you're in profit you shouldn't accept any loss on that trade anymore.
The 2 points stop is to give the trade a little bit of room to develop and to compensate for an entry that was very good.
 
The market has not seen an uptick since you started this journal!
I hope you paid your October bills first.

:eek:
 
Quote from Ebo:

The market has not seen an uptick since you started this journal!
I hope you paid your October bills first.

:eek:
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I know this is weird. The volatility index is high. I think there are quite a few traders try to go long. Again I really have no bias. I am just trying to scalp my line. I try to short this morning but I was just too slow. Don't put me in the bull camp.
 
Quote from martys:

Nothing lines up clearly but it kissed my support again but I am not gonna do anything with this market.
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In a short trend every support is a support.... till it's broken and the next support is again lower.

If you trade against the trend, sooner or later, you will catch the mother of all losses.
 
Quote from spike500:

In a short trend every support is a support.... till it's broken and the next support is again lower.

If you trade against the trend, sooner or later, you will catch the mother of all losses.
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I know that. I always have my 1 - 1.25 stop. You didn't see me do anything with this W.

P.S. But it was a valid trade.
 
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