25 Years & $100 Million Profits... A to your Q's, Today Only

1. I always think I need to risk 2-4 ES points... my objective is somewhere around "8 points, minimum"... usually doesn't happen that way, but I think I can envision that on the charts before initiating the position. Also, sometime I see the potential for "50 ES points" and try to play a bias around that.

2. I have no fixed profit targets, other than the approaching S/R.

 

Hi Gnome,
do you use time based or tick based charts?
cheers
SS

 

Depends where we are in the charts... too variable to generalize. However, overnight holds are definitely part of the plan at least sometimes.

 

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What has been your approximate % winning trades in 2007, and how does it compare with previous years?

 

Time base charts is all I use. Anything from 1 min to daily

 

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Gnome,
Thank you for this generous gift of time.
May the future bring you continued success.

 

Thanks for the response

Cheers