YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. But you are still paper trading? how could porgie be jealous of that?
     
    #1821     Oct 23, 2005
  2. There is no point in blocking someone and then unblocking him.

    I think porgie wasn't necessarily jealous of you, but forewarning all the n00bs here who thinks they could just jump in and make 50 pts each day with their $2000 accounts.
     
    #1822     Oct 23, 2005
  3. Why do you keep on posting replies, and then deleting them? and blocking people, and then unblocking them?

    God.. Did you delete one of my posts as well?

    No wonder porgie and stockripper etc don't get along with you too well.
     
    #1823     Oct 23, 2005
  4. volente_00

    volente_00

    Porgie, give us some details of the system.
    How does it adjust to a dynamic market ?
    Stop size ?
    Is it ran off of technical indicators ?
    Does it use multivariate calculus ?
    Is it 100% automated ?
     
    #1824     Oct 23, 2005
  5. volente_00

    volente_00

    Short at 10282

    20 point stop.
     
    #1825     Oct 24, 2005
  6. volente_00

    volente_00

    stop at 310


    targets 270

    258
     
    #1826     Oct 24, 2005
  7. dont understand the Risk vs Reward here??

    risk 30pts to make 10??
     
    #1827     Oct 24, 2005
  8. volente_00

    volente_00

    My final target is 240. But I may cover at the other levels depending on the time and strength of the market.

    Do not try to understand it. All I can say is it works for me. I have tried tight stops and I always get whipped and stopped out before the trade becomes profitable.
     
    #1828     Oct 24, 2005
  9. volente's 20 pt stop taken out at 302 yet he comes back and says 30 pt stop. what is it volente?
     
    #1829     Oct 24, 2005
  10. empee

    empee

    usually for scalping you go for high win rate, and inverted risk reward.. Ie you might go .5:1 but go for 80% winners, you need wide stops to deal with the wiggle/noise/chop

    thats why I primarily swing, I went short the NQ with a 4 pt stop, looking for 30-40 pts
     
    #1830     Oct 24, 2005