When to exit.

Discussion in 'Automated Trading' started by goodfellow, May 19, 2006.

  1. Plain and Simple:

    Perhaps the best exits would be the next entries.
     
    #21     Jun 2, 2006
  2. LMeyers

    LMeyers

    When to exit?


    Its best to wait till the 2nd margin call.:)
     
    #22     Jun 2, 2006
  3. Agreed. The ONLY problem with this is that if you trade a 24 hour market you will suffer from sleep deprivation. Sometimes you have to reverse at 2am ET, sometimes 8 am, sometimes at 1 pm, sometimes 4 pm and sometimes at 7 pm and midnight too.
     
    #23     Jun 2, 2006
  4. price goes up down and sideways......wrong, price never goes sideways......still upand down even when considered sideways....
     
    #24     Jun 3, 2006
  5. real daytrader exits when target is seen if he is smart daytrader emini .....SEEN.....SEEN...get it?
     
    #25     Jun 3, 2006
  6. greeks

    greeks

    I totally agree. Set your profit target, get out and go fishing for the rest of the day.
     
    #26     Jun 3, 2006
  7. greeks

    greeks

    Turtles is the animal runs slower than bulls or bears. So it follows the trend.
     
    #27     Jun 3, 2006
  8. then while u r fishing work on a real system that will give u all of the good trades for the day........i don't like to be fishing when money is flowing in my direction and i am absent.........and it is just as easy on all signals, especially when the signals are all identical.......why would u not want them all during the day if u have time to go fishing u have time to take the gold market is throwing at you......same identical entry signal given on each one only.......not greedy hoping u r right system........the fishing thingie has been around for 5 years i know.......that is fear of market/losing/pain caused by losing speaking.......no offense intended.......please forgive if harsh..........porgie
     
    #28     Jun 3, 2006
  9. Cheese

    Cheese

    When to exit?
    EOD.
    Every day.
    Catch everything the whole day has to offer (eg YM).
    :)
     
    #29     Jun 3, 2006
  10. Good advice.
     
    #30     Jun 24, 2006