
Hi guys,
Thanks for the comments, I really do appreciate your input.
I've gone back and looked at the trades again.
You have to ignore the +10 as that was my futures strategy.
The other 4 trades:
+5 - cut it as I had to take the kids to school and wasn't sure it would carry on up (actually was the right thing to do as it fell while I was out)
+18 - Good trade ran to target
+29 - Good trade ran to target
-18 - I always have my inital stop at -20 with this longer term strategy as I'm going for much longer runs . This trade was cut when it went through a pivot that I expected to give support. It didn't so I closed it before it hit the stop.
What I don't know as yet is how good the entry rate is. I get about two out of three winners with my futures scalping and I sort of expect the same with the longer term one too, but I don;t know as yet. I will keep a close eye on it.
Many thanks again
Helen |