Simple es System

Discussion in 'Index Futures' started by profitseer, Nov 12, 2002.

  1. Here's a simple system that has been working well for me, particularly today.

    1. Enter mkt* with fixed stop of n
    2. When profit hits n convert fixed stop to trailing stop with a value of n

    *It doesn't matter what you use to enter mkt, just always be consistent and use the same thing.

    Not sure if it makes a difference, but I only trade one side until I get burned, then I only take signals from the other side until I get burned there and switch back.
  2. Proftseer,

    What lengh stops are you using? Can you get us an example?

  3. no, It's going to be different for every trader. I'm a scalper, so the stops I use wouldn't make much sense to people of average intelligence.