Sunday, March 6, 2011

Intangible Jewels

TRADE TIME MANAGEMENT
LIMIT YOUR EXPOSURE THE MARKETS!!
Best times 6:30 - 11:30am Local time
  • 1 DONT OVER TRADE!! Expect 2-4 setups max on any day, if we miss a trade be sure to subtract it from the daily expected opportunities. This will preserve your account and allow for more clearity.
  • 2 STOP trading if profitable 3 or more points before 9:00am (Unless The Setup is Perfect)
  • 3 STOP trading for the day on 2 consecutive max stop outs (4 Points)
  • 4 STOP trading at 12:30 if no position is open
  • 5 STOP Monday and Friday opportunities 2 - 3 (must have very very strong setups) otherwise take these days OFF) If profitable on 1 trade then STOP for the day