--05/19/2015 After hours PM. Reversed long at 4500.75. Initial stop and reverse is on a close below 4420.00 --06/01/2015 Afterhours AM Price is 4522.00 Staying long with same stop for now. It will be just a stop, not a stop and reverse. --06/01/15 Afterhours PM. Price is 4523.50. Raising protective sell stop to 4453.00
--Day trade__ Long NQ 4494.00 Initial stop 4450.00 --Price is 4518.00 . Stop raised to 4497.00 --Price is 4527.00. Stop raised to 4503.50
There has been no sell signal yet on the frames I trade. Staying long right now. Sometimes a sell signal is not necessary for a sell off to occur.
--Day trade__ Long NQ 4494.00 Initial stop 4450.00 --Price is 4518.00 . Stop raised to 4497.00 --Price is 4527.00. Stop raised to 4503.50 --Out here at 4508.00 for 14 pt gain
Your initial stop was 44pts. and you made a 14pt. gain. And you have the balls to talk about money management and reward relative to risk. Sheesh.
Just looking long for a daytrade today. I'm just logging in so have missed opportunity so far. That's ok. In my view, hourly is long
Thanks for asking. The initial stop loss was less than 2 percent of TLNW so it was a good risk play. Good fortune to you.