Hi Harold.. Do you keep a tight stop for the FTT´s? Just wonder about the risk/reward since you mentioned a very high % winnings
I LOVE papertrading! It was the easiest million I ever made. BTW, anybody claiming 100% winning trades is a liar, period. It's astonishing that anyone would take such and individual seriously on any level.
Once I enter/reverse I usually can tell within the first 15 seconds (approx) whether or not I will be exiting or holding for longer. Its the intuition that develops after lots and lots of repetition. I dont use "stops" per say rather I know when i need to get out and dont hesistate to do so (and reverse back onto the right side)
I dont claim being right 100% of the time, I just dont take losses. Which means, when I am wrong, I see this before the mkt has had a chance to move against me (usually it moves in my favor a tad). I can then get back on the right side again catching the mkts next leg.
gerry875 wrote: Your questions are as irrelevant as the poll itself. I can't believe the amount of people who won't read or cannot understand the material TO BEGIN WITH -- much less ask a bunch of random questions they find "intelligent". This is not some "easy" method...it takes time/work -- it's like people are under the impression that there is some implicit guarantee.