Maintenance Period lessons.

Z

Zr1Trader

I just posted the other day about trading longer time frames and that one down fall of doing so is holding through the maintenance period .

Well just had a nice gap in 6b . I had been holding because of a short signal and had not received an exit signal before the close.

Just lost 2% on that one trade instead of my usual .05% per trade risk limit.


Cost of doing business or should I close all open positions that I take on the 30-60 min time frame before the end of the day? The million dollar question.
 
either trade w/ less leverage and hold over maintenance period and accept possibility of gaps or close out before maintenance period and you can trade w/ higher leverage. it's one or the other (if you want to adjust for risk).
 
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