You manage that much money, do you? Most will never really see big money interest in their stops. You need huge positions at these stops to attract attention. -Raystonn
Today (12/07/05), I have closed my position after market close @1258.00. Current Net: -0.25 points -Raystonn
I got screwed today, hit the 10 point stop loss from the morning. What is happening?It is killing my confidence....... Will be long again tomorrow morning...its me or the markets tomorrow
Don't revenge trade... You'll regret it. Every trade is separate. I am staying even for the next 24 hour period, thus no entry. -Raystonn
Also, I've rerun the numbers and have decided to forego the hard stop. It's detrimental to my strategy. In addition, I may add to positions at the end of the day to the point of being long or short up to 3 contracts per every $30K in the account. Positions will be tracked only by specifying the number of contracts long or short as 0, 1, 2, or 3. You can take your account balance and divide it by $30K to arrive at a multiplier. Simply multiply the number of contracts I am stating by that multiplier and trade the resulting contracts if you wish to mimic me. -Raystonn