4re excuse the math on pm......it was 3 pts x 2 trades per day...that was also when runs were avg 2 to 3 per day and avg run was 20 pts...
4re, there are so many systems and approaches to all facets of trading emini's.. that work very well. the point i was after was for those...
trailing the stop intraday is not necessary. i prefer scaling out but only if i can leave one riding the run.....at least one....and even scaling...
mr austin, it would seem to me that if a trend is occurring we should have a system by which we can ride the trend. does that make sense?...
thanks austinp thanks a lot for all assistance. You certainly seem to be on the right side of this stuff. TQ
my friend says when some win they become victim of euphoria, ego. they get careless with stops, etc., they become very cocky, and then they lose...
by the way guys, what about stop loss settings. are they important? my friend says they are critical. but if one loses a significant amt of money...
I am new to this stuff and stumbled across your forum. I like the 5 minute charts and shorter. Am i wise to use these charts as a daytrader just...
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