Iowa City, Iowa
Experience: Advanced
Platform: ninja Trader
Broker: Velocity/TT
Trading: es, eur/usd,6E
Posts: 244 since Sep 2010
Thanks Given: 24
Thanks Received: 333
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The YM almost turn at my line in the sand today. My prep and entries were good but my exits’ trading a single contract was not. I'm still a little under the weather so I'm trading one unit, but the thing I am also learning with one contract is how to extend my first exit. In the past I have taken my first target to soon and missed out on larger profits. My new rule when trading a single lot or first target is to wait for a change in the recko bar after we reach or move close to (% or ticks) 1st target. I have a great example today of not exiting..
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