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

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To: Chip McVickar who wrote (22928)	5/11/1999 3:32:00 PM
From: Nemer	Read Replies (2) of 44573

Chip -- What will take you out of the scalp trade? I have to wait for the upper tine I'm using 12 - 14 - 16 streaming data charts and simply going by feelies .... no real targets set in stone ... I'm initiating a position, setting the stop very close (most of today has been no more than 1 away I think ) and moving the stop quickly to protect profits and/or eliminate losses .... I'm trying to lose no more than one point, insure a profit of two points and take any thing offered when the tick, trin, premmie, or price moves against me ...

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