Trading Styles for ES

Walther · Jun 30, 2003

Quote from ElectricSavant:

LOL Walter....you are more experienced than I you know better....

Michael B.

I just cannot help it ! when I hear someone to say " system " I have to ask . So, let's hear it ! lol

Walter

ElectricSavant · Jun 30, 2003

System:

cut your losses short....be on the right side of the trade.....2:1 or 3:1 ratio............use a 1% of equity for each trade stop loss risk. Enter at the right time.....the trend is yor friend. use good tools...and enjoy the boredom of trading and take the gambling out of it.

Michael B.

P.S. Walter....is there anything else you would like to know? the meaning of life is pain...... by the way.

Walther · Jun 30, 2003

Quote from ElectricSavant:

System:

P.S. Walter....is there anything else you would like to know? the meaning of life is pain...... by the way.

lol I hope you do not mean " receiving pain " lol

ElectricSavant · Jun 30, 2003

Yes.....but your destiny is STILL to die for.

Michael B.

spreadem · Jun 30, 2003

cut your losses short....be on the right side of the trade.....2:1 or 3:1 ratio............use a 1% of equity for each trade stop loss risk. Enter at the right time.....the trend is yor friend. use good tools...and enjoy the boredom of trading and take the gambling out of it.

That is the answer to the question of the best trading style for ES!

ElectricSavant · Jun 30, 2003

yes....and oh yes you got to have Vision too....lol....

hello spreadm' how are you doing? Still printing out the trades? Hope all is going well for you.

michael b.

VisionTrader · Jun 30, 2003

A thread just isn't a thread w/o a little Vision.

luxor · Jul 7, 2003

Quote from bobcathy1:

Yes it is in the same direction as the overnight trade most of the time. Lunchtime is around 11:30est to look for an exit, but sometimes he holds them the entire day if the trend is intact on the 13 minute chart. He just rides out the dip if there is one in the morning. He is pretty fearless that way.

bobcathy:

Do you mind elaborating on this method? How exactly do you use the overnight session to determine the trend for the next day? I figure that having an accurate guess of direction is half the battle.

thanks,
lux