2009.09.10 DRAIN THE BANKS - LIKE A RAT
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- TheRumpledOne
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well, how long do your successful rat trades take? seconds? minutes? several bars? i know, it depends... but do you have a minimum time before which you just ignore that price is stalling?
on my screenshot you can see that i closed the position as soon as price stalled. tomorrow, i'll try holding the trades for at least 2 bars and see what happens then.
on my screenshot you can see that i closed the position as soon as price stalled. tomorrow, i'll try holding the trades for at least 2 bars and see what happens then.
- TheRumpledOne
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- TheRumpledOne
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Avery
I have a simple question. I use bracket orders OSO/OCO. Have you figured out a consistent method of staying in the trade longer without using fixed targets/stop loses.
I am not asking for trade secrets. A simple yes/no would be a perfect response. If you are inclined to give any hints or point in 1 or more directions thanks.
quark
I have a simple question. I use bracket orders OSO/OCO. Have you figured out a consistent method of staying in the trade longer without using fixed targets/stop loses.
I am not asking for trade secrets. A simple yes/no would be a perfect response. If you are inclined to give any hints or point in 1 or more directions thanks.
quark
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- TheRumpledOne
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quark wrote:Avery
I have a simple question. I use bracket orders OSO/OCO. Have you figured out a consistent method of staying in the trade longer without using fixed targets/stop loses.
I am not asking for trade secrets. A simple yes/no would be a perfect response. If you are inclined to give any hints or point in 1 or more directions thanks.
quark
Not sure how to answer.
I don't have any "secrets" when it comes to staying in a trade. You need to have your exit play book and trade accordingly.
Remember, you can always exit a part of the position to lock in profit and let the rest ride.
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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