tnote10 when start trading?

Discussion in 'Strategy Development' started by dutch_futures, Jan 8, 2006.

  1. I am curious at what point you decide to open a position, short or long, and what makes you to decide to go out?

    For myself i open a small position short after a jump up or a considerious fall.
    From that position i wait till we have about 10 ticks difference up or down, and then i make a reverse movement for twice the contracts i have opened. The second trade i do by another broker so that i have actual 2 different positions by two different brokers.
    The second trade i will close after the price is just a little bit changed, about 2 or 3 ticks, and then take my profit.


  2. There are many threads about this topic of yours (entry method and exit method).

    Many are in the Technical Analysis and Strategy Trading threads.

    There are others in the Index Futures thread.

    You can also use ET search to find many many more...

    By the way...welcome to ET.

    (a.k.a. NihabaAshi) Japanese Candlestick term