guys I'm electing to take off that last piece of the MES short
that I manually kept open on Friday - this is in regard to the
short entry from Tuesday - the trade is up about 164 ES points. The
market is a bit choppy here and uncertain in the short-term, and
the systems are flat so I'm taking it off. Ideally I would have
covered earlier at that intra day wave 5
remember a while back I moved the base amount up from 1,2,3, to
2,4,6 so that when I scale out folks don't ask how can you scale
out of 1 etc. so just easier to show 2, 4, 6 - it's the same
ratio
again remember those amounts are not what I intend folks to
trade - folks do the size that fits their accounts.
taking of the last piece of the ES short
Posted by matt on 10th of Oct 2022 at 03:38 pm
guys I'm electing to take off that last piece of the MES short that I manually kept open on Friday - this is in regard to the short entry from Tuesday - the trade is up about 164 ES points. The market is a bit choppy here and uncertain in the short-term, and the systems are flat so I'm taking it off. Ideally I would have covered earlier at that intra day wave 5
Nice trades/stats on the system!
Posted by piclez on 10th of Oct 2022 at 04:06 pm
Nice trades/stats on the system! Is this based on 2 MES lots per entry? When you say sold 1/2 so it means you need at least 2 contracts or more.
remember a while back I
Posted by matt on 10th of Oct 2022 at 04:13 pm
remember a while back I moved the base amount up from 1,2,3, to 2,4,6 so that when I scale out folks don't ask how can you scale out of 1 etc. so just easier to show 2, 4, 6 - it's the same ratio
again remember those amounts are not what I intend folks to trade - folks do the size that fits their accounts.
I had noticed that on
Posted by cozz101 on 10th of Oct 2022 at 04:12 pm
I had noticed that on the ES table as well; most of the trades are 2X contracts for first entry, second entry 4X and third 6 contracts.