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

To: Tom Trader who wrote (15441)	2/12/1999 1:25:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Well, it is based on the short term system and the expectation that my main system will go short yet today. If we get to 40.50, that would signal a change in trend to me as it is above the most recent highs. If it rocks enough to take that out, I will be flat and just as well, but you are definitely correct. I normally like 4 points on day trades, 10 on position and this is kinda inbetween..... PS - I am going to be watching it, so it is more of a protective stop than anything else in case it gets away from me or I am called away.