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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 (1263)6/15/1998 8:50:00 PM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Hi Pat--yes, it has been a great trade so far

I am close to the 45 point profit level where I would go flat -- about 5 points more to the downside. The ideal thing for me would be a large gap open to the downside because that would cause the position to close out for a gain of more than 45 points.

Remember what I said about never knowing which of these position trades are going to be the big winners--well, here's an example of one --I never thought that this one would work out the way it has.

Hope that your trading is going well for you.