What is your average daily point take on the Dow Mini and what's your typical strategy (scalping, longer term day trading, swing trading...)?
Quote from whitster:
i try to do around 10-30 but it really depends what the market offers on a given day.
heck, one 30 pt gapfill trade gives you 30 pts right there.
i use a set stop for each particular setup. one setup for example has a 5 pt stop.
most have 10 pt stops
some have bigger stops
depends on the market structure, timeframe, setup, etc.