What do the pros think of this Crude /CL trading strategy? Enter a 25 contract trade for a 0.03 move, with a trail stop at 0.08?
you have got to be kidding me if you think this is a strategy! This is OK if you have a entry and exit criteria based on market events or other information. Just saying my strategy is limit at 3 ticks and stop at 8 ticks on CL is efn stupid. Sorry. But it is.
Thanks Net, Mick! Others can suck it. I've been successful 75% of the time so far. Just to let you know, I get the entry signal once or twice a day only. (I'm not overtrading like most you) And I've brought the trail stop to 0.05 and the exit to 0.02. Works like a Swiss Clock! Good Day and Good Trading!