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Old 02-25-2007, 09:31 AM
kingking kingking is offline
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This member is the original thread starter. Re: Arts of stop placment and profit target

Dear Traders,

I am so glad to hear so much constructive feedback from traders of this forum after less than 24hrs of posting the thread. At the moment, I still consider myself as scalper and will remain to trade a single contract. I will do some statistics as to how many of my trades are stop out, knock out at 2, profit for 12, 22 and 32. I know that the most ideal stop placement and profit taking is according to price action at the market but I am still at a novice stage so that the use of a preset protective stop and profit target is more practical.

I may also try to learn to explore ER2


Thanks again!

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