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Risk Free Trade
I've been messing around with moving my stops to BE +1 after the market has moved so much, even if my exit target is not hit.
Example.
10 tick stop for YM
profit target of +11
YM moves +6/7 for me, I move my stop to BE +1, +1 to cover cost of
commission.
I figure, if the market wants to move, it will move and hit my target, if not, scratch trade and some mental energy exerted for the day.
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Winfred
Life is a comedy for those who think and a tragedy for those who feel.Horace Walpole Doubt all before you believe anything!Sir Francis Bacon
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