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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (36407)	10/13/1999 11:36:00 AM
From: SE	Read Replies (1) \| Respond to of 44573

Yeah, I am short six right now from an average of about 1334. The stop appears way out of whack and I can appreciate that, but I never tested a moving stop on my system so the original stop is always the stop I use. To be honest, we have dropped so far that I will get a reversing signal at this point prior to the stop being hit so it really is somewhat a non-issue...... Haven't closed out anything yet...... Limit Buy two at 1304.75 Limit Buy two at 1293.75 Let the other two ride. ....my theory on the last two is to let them run and close them on the reversing signal. When I first tested the system, I used a two contract position and closed one out at +30 and the other on a reversing signal. It was more profitable than closing both out at +30, so I am trying some new scaling techniques here.....