On stong trending days... if you trade counter trend... a
good idea is to trade 1/2 of your normal position. So
if you trade 100 contracts long as your basic trade like Matt and
Steve do.... only trade 50 on a counter trend scalp... and MOVE
YOUR STOPS up quick!!
flat dinner money...
covered 1/2 the /ym shorts for six ticks.. move the stop to breakeven - 1
Posted by zach06 on 20th of Apr 2011 at 01:24 pm
On stong trending days... if you trade counter trend... a good idea is to trade 1/2 of your normal position. So if you trade 100 contracts long as your basic trade like Matt and Steve do.... only trade 50 on a counter trend scalp... and MOVE YOUR STOPS up quick!!
zach06
Posted by hazbin1 on 20th of Apr 2011 at 01:26 pm
yeah, but Matt and Steve are trading 'cars'. and the mkts are rather liquid there.