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Strategies & Market Trends : E-Mini Pit

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To: gsp6181 who wrote (328)	2/8/2002 9:35:08 AM
From: the-phoenix	Read Replies (1) of 11288

George: >>I would suggest that you lose very little by jumping in a tick or so later...Why not just follow it down? Let it roll.<< Agree totally in principle. Execution is still a problem for me. Partly, it is I have a pre-defined risk in the trade that is based on where I believe support or resistance to be. And I don't like to increase that risk by chasing. I usually would rather wait for the next setup. However, on obvious moves like the last hour selloff yesterday, I will jump in with my eyes closed, and take a little more risk for the high probability of a decent reward.

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