Trend Following dying?

Quote from sappjason:

Yes. I would agree with you if you wouldn't have said that your original target wasn't at 1.357 (not 1.3565).

Jason

You don't exit at targets, you trade toward targets. If your target is broken through you stay with the trade until the chart tells you to exit.
 
Quote from sappjason:

Yes. I would agree with you if you wouldn't have said that your original target wasn't at 1.357 (not 1.3565).

Jason
actually you are right that the profit wasn't +20 the real profit is +19 due to slippage...sorry
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So how does one incur slippage on a LMT order on exit? Please explain.

Jason

Quote from Mr_Black:

actually you are right that the profit wasn't +20 the real profit is +19 due to slippage...sorry
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Quote from Vienna:

Mr. Black,

you guys seem to use fixed targets and stops? How are they determined- from the chart or are they just a fixed amount, such as 20 ticks...?

Than,s.
This is the 15min time interval my target was close to LTL (left trend line)....20 is my fixed stop amount for 6e
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Quote from sappjason:

Also, if you don't mind me asking. How in the world do you actually trade, while posting on ET?

Jason
I usually go for $250 a day ...19 6e ticks are 232.62 net after commissions
 
Huh? But that doesn't answer my question. I'm confused.... Tell me again, how you manage to concentrate and actually trade, while posting on ET?

Thanks,

Jason

Quote from Mr_Black:

I usually go for $250 a day ...19 6e ticks are 232.62 net after commissions
 
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