Posted by abcdzhirt123 on 22nd of Apr 2024 at 02:35 pm
Thanks Steve, I was just thinking where the target should be.
What is your experience on how far back we should set stops
and trail? I want to protect from a shart decline but also
don't want to lose much of what's been gained. Thanks
for all your guidance and mentorship, you have a great gift for
this.
You should devise and follow your plan depending upon one's risk
tolerance. One thing to consider, is to lock in some gains
to protect and offset the emotional swings - when you have some
gains locked down, it allows for more freedom on the balance.
But again that's YOUR choice.
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ES 5077/81 minor rejection zone
5/8 ES Levels June Contract (ESM24)
Posted by steve on 22nd of Apr 2024 at 02:24 pm
ES 5077/81 minor rejection zone - thinking ES could target 5101/07 zone in coming days
ES Update
Posted by steve on 23rd of Apr 2024 at 10:35 am
Achieved primary target 5103 - this is a potential rejection zone so TRIM and TRAIL
Right on cue with ES
Posted by steve on 22nd of Apr 2024 at 02:41 pm
Right on cue with ES from 5077
Thanks Steve, I was just
Posted by abcdzhirt123 on 22nd of Apr 2024 at 02:35 pm
Thanks Steve, I was just thinking where the target should be. What is your experience on how far back we should set stops and trail? I want to protect from a shart decline but also don't want to lose much of what's been gained. Thanks for all your guidance and mentorship, you have a great gift for this.
You should devise and follow
Posted by steve on 22nd of Apr 2024 at 02:38 pm
You should devise and follow your plan depending upon one's risk tolerance. One thing to consider, is to lock in some gains to protect and offset the emotional swings - when you have some gains locked down, it allows for more freedom on the balance. But again that's YOUR choice.