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Bangkok
Vendor: www.jigsawtrading.com
Experience: Intermediate
Platform: MultiCharts.NET, S5, Ninj
Broker: AMP, S5, IB
Trading: ES
Posts: 2,988 since Nov 2010
Thanks Given: 831
Thanks Received: 10,399
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Sort of depends what you mean by "chop" - I think there was a day in the past few weeks where the range on the ES was 4 points - that's not worth trading.
Other than that, chop is fine as long as you know it is chop. On a regular day on the ES, we'll put in 10 points up & down. I define that as a 'regular day' and not a chop day, personally.
To me chop is 3-5 point ranges. They are fine to trade but the key is that you have to know that it is chop and not try to get too much out of it.
Recognising chop is done by experience. I think you get chopped about less, the more screen time you have.
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