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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Matthew L. Jones who wrote (39560)10/28/1999 9:58:00 PM
From: coug  Read Replies (1) of 44573
 
Hi Matt,

My main comment is on your stop losses. If I put them that close, I would be out before I hung up the phone, especially using 5' bars.. I do use 30' and 60' charts for daily direction, and 1' charts for entry in this volatile market.. It has been so volatile, I have not done much mini trading lately unless I see a slam dunk..ggg..

And when I do trade I use a 20 unit BB on the 3 or 5' and place the stop outside the opposite band a couple points or so.

good luck.. coug
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