Hi Everybody,
Well, it was not long before a nice trade came along, as you can see, the 3min YM gave us a beautiful TS3 buy – that nailed the very low of the day for you ! That resulted in a nice +4.5R Profit (ignoring slippage and commission). The Standard Trade management guidelines swapped to the ATRStop as the STF strength band was exceeded.
But the point is how this +4.5R profit was much larger than the two -1R losses on the ES form yesterday, small losses and big profits, this is the key to long term trading success....
Thanks, Steve
Well, it was not long before a nice trade came along, as you can see, the 3min YM gave us a beautiful TS3 buy – that nailed the very low of the day for you ! That resulted in a nice +4.5R Profit (ignoring slippage and commission). The Standard Trade management guidelines swapped to the ATRStop as the STF strength band was exceeded.
But the point is how this +4.5R profit was much larger than the two -1R losses on the ES form yesterday, small losses and big profits, this is the key to long term trading success....
Thanks, Steve
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