How many times have you seen a bearish candle before payroll numbers, seem like it lures in shorts them squeezes them, who knows maybe tomorrows numbers will show a huge loss. But you know wall street they will say hurray no more rate cuts buy buy buy.
This market never met a rate hike it didn't like$$$ all aboard$$ "... the bull is alive.." (Cramer, 2005)
Hey porgie, how are you? How's the system working for you these days? Do you trade ER2, ES & NQ as well? Thanks.
no........on YM.....still works the same...and on all of the above, ........I don't understand the 50% systems logic.....volente is in another emotional trap...maybe........... maybe not..........my pitiful little account and emotionally wrecked brain won't alllow me to do that.........prefer the happy trading........it is not really simple, just looks like it on the screen.........it was not simple to find...........100% is not necessary, but it should be shaking hands with it........with losses kept minimal and far between.........and 20 pt stops countertrending ain't the answer...........
What are your stops at on the YM? Seems to me that you need at least a 10 pt stop or the noise will continue to take you out.