I took small profit of 1.25 on 1srt trade - system went to +3.00 target. 2nd trade I took 0.50 profit, system went to +3.00 target ( just being too risk adverse) now long 86.25, reverse stop 84.75, exit 89.25 - but will most likely exit early as still not a lot of room for losses. Now trading 86 -6.25 - had gone to 7.25, & dipped to 5.50 - looks like double btm failure - expect higher prices shortly. My goal is still into the 1,000'S by end of January and 10K before end of February.
I do not want to sound like I am doubting you, but I would like to hear about 15-20% per month trading method and what is based on. Thanks, Walter
I believe that I understand the concept but what type of methodology are you using? Not that I want to get all proprietary and all but is their a method that is being employed? or are you just shooting from the hip?
Although the system made +9.00 on the day. My long from 86.25 went into debit for a while and due to the very low asset value the margin clerk at the brokerage closed my position. So I will need to fund this account in January and resume with around $850.00 to give me some margin for reasonable stop losses on 1st two trades Happy holidays See you in January. O
All + 3 targets were hit, no reverse stops were hit during trades. inc (9:14:56): GOOD MORNING inc (9:30:51): BL 84.75 inc (9:34:20): L 4.75, RS 2.00, X 7.75 inc (10:10:02): SL 9.25 inc (10:12:42): C SL inc (10:15:10): A SL 88.75 inc (10:23:18): S 8.75, RS 91.00, X 5.75 inc (11:40:40): BL 86.25 inc (11:43:04): L 6.25, RS 3.75, X 9.25 inc (11:50:12): A RS 4.75 BL = buy limit SL = Sell Limit A = Adjust price C = Cancel order L = long, S = Short RS = reverse stop X = exit limit Unfortunately, I was over cautious and took small gains, and when a trade went into deficit I was taken out by margin clerk.