butcher:
Yes, you could use $TRILLION on the 12 hour, 6 hour, 4 hour, etc...
But why? Are you GREEDY?
Quit thinking about those 100 pip homeruns... Focus on the 4 - 10 pip singles.
$TRILLION STRATEGY
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lol TRO...
I only feel comfortable using trillion with the daily candles. I am not greedy. I am very happy with my 10 pips on any given day. I do not know that on the lower time frames, the statistics are as good...but that is because I have not looked at it.
So butcher...good luck...thanks for the insight TRO.
BP
I only feel comfortable using trillion with the daily candles. I am not greedy. I am very happy with my 10 pips on any given day. I do not know that on the lower time frames, the statistics are as good...but that is because I have not looked at it.
So butcher...good luck...thanks for the insight TRO.
BP
Re: stop Limit or Stop Loss
BP wrote:jstockman wrote:BP
Are you using a Stop Limit as a fixed stop or a Stop that turns into a market order once the stop is hit.
jstockman
Jstockman,
I use a fixed stop loss and a fixed TP. I have not had any problems with this since I started...sometime in February.
Thanks,
Steve R.
BP,
Thank-you for the post.
TRO,
Would you please comment on how set the ST. Is it manual or do you actually prcess an order. Is it a stop loss or a stop limit.
Thanking you in advance.
jstockman
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Re: stop Limit or Stop Loss
jstockman wrote:BP wrote:jstockman wrote:BP
Are you using a Stop Limit as a fixed stop or a Stop that turns into a market order once the stop is hit.
jstockman
Jstockman,
I use a fixed stop loss and a fixed TP. I have not had any problems with this since I started...sometime in February.
Thanks,
Steve R.
BP,
Thank-you for the post.
TRO,
Would you please comment on how set the ST. Is it manual or do you actually prcess an order. Is it a stop loss or a stop limit.
Thanking you in advance.
jstockman
What's ST?
If you mean STOP LOSS, then use the money management spreadsheet to determine your stop so OVERALL you'll make money.
IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT!
Please do NOT PM me with trading or coding questions, post them in a thread.
Please do NOT PM me with trading or coding questions, post them in a thread.
- TheRumpledOne
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Re: stop Limit or Stop Loss
TheRumpledOne wrote:jstockman wrote:BP wrote:jstockman wrote:BP
Are you using a Stop Limit as a fixed stop or a Stop that turns into a market order once the stop is hit.
jstockman
Jstockman,
I use a fixed stop loss and a fixed TP. I have not had any problems with this since I started...sometime in February.
Thanks,
Steve R.
BP,
Thank-you for the post.
TRO,
Would you please comment on how set the ST. Is it manual or do you actually prcess an order. Is it a stop loss or a stop limit.
Thanking you in advance.
jstockman
What's ST?
If you mean STOP LOSS, then use the money management spreadsheet to determine your stop so OVERALL you'll make money.
TRO,
Thank-you for your reply. Yes ST stands for stop loss.
I have read this thread a couple of times and understand the money management spread sheet. What I need to know regarding the Trillion Dollar is when do You execute the stop loss.
Do you submit the stop loss order to EFX immediatley after you go long or short, or do you watch the screen until the price hits your mental stop loss.
When you place the stop loss order, do you use a limit order or a stop that will turn into a market order when your stop price is hit.
If you use a mental stop what do you do if the Trillion takes all day for it get to your stop price. In other words how do you manage the trade so you still have a life.
Regards,
jstockman
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