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Alternative Strategies For Stock Index Futures
If this trading style seems almost too good to be true…your intuitions are correct. By looking at a chart, a trader would almost never lose if he/she accepted moving average crossover signals to enter and exit a trade.
The problem is that most traders are not sufficiently capitalized to hold positions that will eventually become profitable. Let’s take a closer look at another trade example…

Mini contracts are available, but even a mini would have produced a $617.49 loss before a market reversal. Many traders are unable or unwilling to absorb such losses, even if they are relatively confident that the trade will end up in positive territory.
Traders can compensate a Moving Average Crossover system by placing appropriate stops and using a trend-confirming indicator such as MACD or Stochastics.
Trading on Moving Average Crossovers alone will result in false signals. Filtering signals with a confirmation indicator will alleviate some of this.
A rule of thumb for stop placement in swing trading is at the relative high or low of the previous two trading sessions. If the relative high or low is not beyond your entry, use the high or low of the next feasible day.
Stops should be trailed. Each day that the market goes in your favor the stop should be placed just above the high or low of the previous day.
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