Maintenance Period lessons.

Discussion in 'Trading' started by Zr1Trader, Jul 13, 2011.

  1. I just posted the other day about trading longer time frames and that one down fall of doing so is holding through the maintenance period .

    Well just had a nice gap in 6b . I had been holding because of a short signal and had not received an exit signal before the close.

    Just lost 2% on that one trade instead of my usual .05% per trade risk limit.

    Cost of doing business or should I close all open positions that I take on the 30-60 min time frame before the end of the day? The million dollar question.
  2. chart
  3. there wasn`t a short signal on your chart,first of all.
  4. Quiet, you!
  5. either trade w/ less leverage and hold over maintenance period and accept possibility of gaps or close out before maintenance period and you can trade w/ higher leverage. it's one or the other (if you want to adjust for risk).