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Re: if you had to start over...
Your 10 pt. stop loss is a little tight ... if you are trading the YM 10 points means you have to be quite accurate in your trading entry... whereas 15 points will keep you in more potentially winning trades. My system uses 15 points hard stop and is currently running at 88% win/loss ratio. That means it hits its 1st target 88% of the time before it hits 15 points against. I have found 15 points to be more profitable than 10 but mostly because I only get stopped 1 in 9 trades.
Also - trading on TS ... you can use limit orders to enter to ensure the right price and avoid "chasing" ... exit on tick extremes or pivot levels with a market order ...
BY the way - if you add a contract every time your account grows by the minimum amount to add a contract ... and keep doing that - you will make well over $1.0 million within 6 months ASSUMING you acheive 20 points per day (the actual amount is much higher)
Good luck.
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