If you only took 1 trade per day what set up would it be?

jfranco · Apr 1, 2011

Only experienced traders can answer this question to help less experienced traders. If you only took 1 trade per day what set up would it be?

southbeach4me · Apr 1, 2011

Quote from jfranco:

Only experienced traders can answer this question to help less experienced traders. If you only took 1 trade per day what set up would it be?

- entering a long as price bounces off of a support level and/or trendline .... and vice versa with the shorts.

......... its my bread and butter

jfranco · Apr 1, 2011

Quote from jfranco:

Only experienced traders can answer this question to help less experienced traders. If you only took 1 trade per day what set up would it be?

When describing the only trade you would take also determine a stop and target.

Roark · Apr 1, 2011

Quote from jfranco:

Only experienced traders can answer this question to help less experienced traders.

That prerequisite appears to be seriously limiting replies. Maybe you should open it up to experienced paper traders.

abattia · Apr 1, 2011

OP, what set up would you trade?
(include target and stop, please)

Eight · Apr 1, 2011

Quote from jfranco:

When describing the only trade you would take also determine a stop and target.

I would stop when your pain was the greatest and you were capitulating.. my target would be your account value of course

jfranco · Apr 1, 2011

murray t turtle · Apr 4, 2011

Quote from jfranco:

Only experienced traders can answer this question to help less experienced traders. If you only took 1 trade per day what set up would it be?

=====================
FrCo.
1]Study/concentrate on 1 or 2 markets, for decades[plus SPY /S&P trends};
take 1 trade per month or trade per 20 or 50 days,not 1 per day.