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YMMgroup's Feed
YMMgroup
Nov 29, 2013 at 21:53
this week try Grand Master- new strategy, i think is good result 18.98%
YMMgroup
Jun 13, 2013 at 07:02
great rule find today
The 5-Minute Rule
The Daytrader’s Bulletin enters trades with the expectation that price will move in our direction within 8 to 10 minutes. If price doesn’t cooperate within this time period, some aspect of the trade may be wrong.
Our approach, if this occurs, is to start unwinding the trade, usually one contract at a time. If this unanticipated price behavior continues, we will also bring our protective stop closer to the current price action.
The point of this maneuvering is simple - we are protecting our capital. Our first and foremost goal is to protect our capital, period. When we are at a break-even or better position with the trade, we can begin to more actively work the trade for profits.
The 5-Minute Rule
The Daytrader’s Bulletin enters trades with the expectation that price will move in our direction within 8 to 10 minutes. If price doesn’t cooperate within this time period, some aspect of the trade may be wrong.
Our approach, if this occurs, is to start unwinding the trade, usually one contract at a time. If this unanticipated price behavior continues, we will also bring our protective stop closer to the current price action.
The point of this maneuvering is simple - we are protecting our capital. Our first and foremost goal is to protect our capital, period. When we are at a break-even or better position with the trade, we can begin to more actively work the trade for profits.
