thanks tango, ..... i ask because i find that usually unless the market "trades thru " my limit order i am left unfilled more often than not.... probably the main reason why trading simulators give people unrealistic results..... question?? how far in advance do you throw up your orders???
Tango, Have you ever thought about having a "tick" goal rather than $$? I'm thinking about having a reasonably attainable goal say 3 ticks or so and than just increasing size as the account grows.
I usually wait to see my break price at least once then go, sometimes though i put in as i see it coming down and get a little better fill. Siwash, I have thought of a tick goal, but you miss out on runs like the other day if you get out, and those can eally offset days like yesterday if you don't make it back to b/e let alone make goal. If you do it that way you probably want to make sure you are using a goal that reflects a favorable risk/reward relationship for those times you take losses so 1 loss doesn't set you back 3 or more goals.
should have been ^30-29 trade and I probably would have had 3 ticks per on a partial, instead of 2 ticks loss on 5. There was a nice ledge at ^30 but I waited and paid the price. Net=358.25 I think yesterday was fresh on my mind and I chickened on my hold, as it so happens it worked in my favor.
1007.25. Less than 200 away from another contract at this time. I'll put it on , but all ready have been thinking about how much risk that is.