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PVstudies
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Posts posted by PVstudies
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I don't use stop, I add to average when the market goes against me, and i counter trend trade.I found your thread by accident and glad I did.
In the past 2 days I misread the shorts and was forced to hold my long through the afternoon. It paid off, but holding that long and seeing all the missed positions leave me thinking that I want to critically refine when and how I cut losses. I've been paper trading for 60days a PV and using averages successfully for 21 days. (pv/gaussians)
You mention a 10% cap. How does the averaging work for you when it goes wrong, do you consider 10% a hard cap?
Thanks
Emini S&P 500 Day Trading Journal
in Futures
Posted
Thanks, I'm starting on emini /esh1(CME)... Most of my doubles are correctly placed and have a good exit within 2-3 bars (5min).