ES Journal Archive (2006 - 2008)
- Thread starter Buy1Sell2
- Start date
- Status
surely this is just random and this next r10 long signal at ~ 1401 will be a loser
Will the boyzs show ?
will the 4 th r10 signal be $ ?
will the 4 th r10 signal be $ ?
No market is that precise. The only thing that needs to be precise in any market is the stop not being more than 2 percent of TLNW and making certain it is outside of the noise. Then trail the stop outside of the noise. If you instead use a profit target, then allow the full trade to go to the target. Personally, I use trailing stops in search of a bigger winner with a constantly smaller stop out. I never ever risk more than 2 percent of TLNW on any one trade/idea and this is where the rubber meets the road.
b1, what is your definition of tlnw ?
Say you also have a wheat trade on that has 50k of capital tied up, is that considered in your calculation when figuring your stop for an es trade ?
Say you also have a wheat trade on that has 50k of capital tied up, is that considered in your calculation when figuring your stop for an es trade ?
Quote from Buy1Sell2:
No market is that precise. The only thing that needs to be precise in any market is the stop not being more than 2 percent of TLNW and making certain it is outside of the noise. Then trail the stop outside of the noise. If you instead use a profit target, then allow the full trade to go to the target. Personally, I use trailing stops in search of a bigger winner with a constantly smaller stop out. I never ever risk more than 2 percent of TLNW on any one trade/idea and this is where the rubber meets the road.
B1S2
That is one way of looking at it.
regards
f9
yeah here they come ...
- Status