I use S/R not by themselves but in conjunction with other aspects of my trading system. For example, I use a 1.5% stoploss on my S&P trades....
Don, in situations like you just described with via/aol, after you put the second leg of the spread on, how often % wise do you hit your profit...
<I>I'm sure we've all experienced the fake break...one way to avoid that is to look at a VERY important element ....volume! </I> I avoid...
> My goal is to make $250/week and not loose more than > $100/week. If I loose $100 three times in a row Unfortunately, based on $6k bankroll...
Do a little of both. Enter 50% on a swing position and trade with the other 50% of what you would normally risk on one trade. If you can't...
A chatroom should have explicit entries and exits that are made live and those should be the only one that get tracked as far as "real world...
Or you could've had your news ticker or CNN on, heard of the crash, and concluded for yourself that it might not be a good idea to go long. Wait...
For day trading your costs will run $80-100/month for real-time quotes. Currently you get emini quotes free and don't have to pay the additional...
<I>Most (all?) indicators are derived from the basic parameters of price, volume and time, and are therefore merely a convenient substitute for a...
<I>I, for one, would like to see someone come up with a winning futures/index strategy (I have seen hundreds over the last couple of years, and...
Even high drawdown systems such as trendfollowing systems with high drawdowns and lower win rates (35-40%) have the optimal bet size at around 9%...
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