Need Advice

Discussion in 'Trading' started by trader99, Dec 6, 2016.

  1. :caution::D
    %%
    Elephant boots sound fun; you can always hear an elephant coming LOL.Goose down vest is a real warm deal.Kangaroo key holder is a good idea, 2.
     
    #171     Jan 19, 2018


  2. Are you mostly using a set stop or a trailing stop?
     
    #172     Jan 19, 2018
  3. speedo

    speedo

    HaHaHa:D:cool:
     
    Last edited: Jan 19, 2018
    #173     Jan 19, 2018
  4. speedo

    speedo

    I will trail under/over pivots as they form but have a fixed target based on average MFE
     
    #174     Jan 19, 2018
    TreeFrogTrader likes this.

  5. In general, what are you using for a profit target to stop loss ratio? If you can share, if not, that is fine.
     
    #175     Jan 19, 2018
  6. speedo

    speedo

    No problem, on the NQ it's 20 tick target and 12 tick max stop which averages slightly above 10. There is nothing that I do that is the answer to life but it works for me and that's all I care about.
     
    #176     Jan 19, 2018

  7. Very good. Thank you indeed.
     
    #177     Jan 19, 2018
  8. Overnight

    Overnight

    Considering the great volatility the thing has been having for the past year, would you considering doubling both the stop and target?

    I have really been eying that damned NQ and am seeing certain patterns that are going way beyond 20 ticks. Off the top of my head I am seeing double on all of that during intraday. Especially when it has a 40-50 point range! Just need to be more sure of entry. God, I hate and love NQ at same time lol.
     
    #178     Jan 19, 2018
    lcranston likes this.
  9. speedo

    speedo

    I share your love and hate with the thing. Patience is key as when it's good, it's real good, staying out of congestion is easier some days than others. Most extended runs give multiple entries. When they don't, they don't....doesn't bother me anymore. My trade plan works but it isn't hard wired. I do like the targets (whatever the ideal number of ticks) as it keeps things simple.
     
    Last edited: Jan 19, 2018
    #179     Jan 19, 2018
  10. Neuroway

    Neuroway

    Yikes... European, eh? Really? This stuff is gross and has zero class. I say it's US made. I do very much prefer Louboutin indeed. Personal choice, of course...
     
    #180     Jan 20, 2018
    Xela likes this.