Recent content by Jabel

  1. J

    Best Thread Phil Newton's Range Break Out strategy

    Hi Phil I've got a question regarding your stop strategy: Suppose on the first trade, you trade 3 contracts, take 2 off at half the stop loss level, and the final 1 contract gets taken out, so you've broken even. On the next trade, you buy your 3 contracts, but the trade goes against you...
  2. J

    The 2% rule

    Hi there Personally, I work out the number of trades I'm likely to make in one day - say 4 on the emini, and then divide 2% by the number of trades, so that I'm actually risking just 0.5% per trade, and no more than 2% per day. Going one step further than this, I then enter my initial entry...
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