would like feedback on this trade idea please

Discussion in 'Strategy Development' started by badIRAbad, Jan 11, 2020.

  1. badIRAbad

    badIRAbad

  2. ZBZB

    ZBZB

    What happens when you buy or sell the futures only for the market to reverse?
     
    murray t turtle and Real Money like this.
  3. wave

    wave

  4. wave

    wave

    First question to ask is are you a vol trader or direction trader?

    Proactive vs. reactive. Market makes a 6 sigma gap up? Remember Nick Leeson?
     
    Last edited: Jan 11, 2020
    jys78 and murray t turtle like this.
  5. raskell

    raskell

    The main problem is just using daily data understates the number of whipsaws. Still might be worth it though
     
  6. badIRAbad

    badIRAbad

    Once isn't a problem; I will always set a tight stop to catch the first reverse. And after that I will reestablish the original buy/sell order and stop ...
     
  7. badIRAbad

    badIRAbad

    Vol trader ... neutral focus ... I'll take a look at the Leeson timeframe. Thanks.
     
  8. badIRAbad

    badIRAbad

    Yes, I understand that and am prepared for the extras (I think!)