Quote from myminitrading:
I know I know, I have started this thread before, and the last one I started were I mentioned no stops or no risk, I was blown out and closed down the first day or two with a $2600.00 loss.
That is precisely my point, had I just help onto that position I add cost averaged into, it would have come right back and made me 4-5k
I am in the Dow Mini right now, 1 contract @ 12635. I will add to it should it drop to prove my point.
I have followed these index futures since 1999. Right now the trend is up and you should trade accordingly, THAT MEANS BUY THEM DIPS!
Here we go...... NO RISK IN THIS MARKET.......PERIOD!