there is a difference in setting stops scaling back, and crawfishing after stop is set......the latter will get you out of business......if you do that.....stop trading realmoney and study some more.....you are not there yet......intraday eminis......fact...
that depends on variables involved, but maximum position size with 2.25 stop would be no more than 65 at one time. I didn't really want to post any figures as that just brings out "Yeah right!" kinda comments, as always, mostly coming from 5k account holders, which I have nothing against, we all have to start somewhere.
vol, go back and read what i said.....u r still in the argument mode...my comments were not about argument stuff.......porgie is telling u golden stuff......don't crawfish stops.....deadly sin.....remove the ego and open the eyes..i said........after stops are set........never go backward only forward........the real traders are not posting here.....porgie is system developer.......thru developing......finally.....my stuff didn't come from books..it came from realtime testing until the cows finally came home.......if you move stops backward after they are set initially, you will either learn the proper stop setting points or you will give others your money.....day in and day out........daytrading eminis all eminis....this is not for argument, just a fact all real traders know is golden info......take it or leave it....i will discuss stops with all as this is on topic for all forums...especially all eminis.....the egos here are getting out of control and will soon destroy a good forum if not controlled.......
yada yada yada, all theoretical assumptions and not 1 real-time call. Real traders have PMed TQ and have told him that they do not post on S/R forum LOL