OK FINE! I Lied (Yesterday was not the last long/short trading ideas. Since the market is on the verge of a breakout, I have decided to post more possible breakout setups! (I GUESS MONEY NEVER SLEEPS IS TRUE)
first off Happy New Year and all the best for 2010!
Great blog ... keep up the great work!
I have a couple of questions concerning your strategy. Since you mainly play breakouts, where do you set your initial stop? Do you have profit targets or do you work with trailing stops? If so, what trailingstop method works for you?
A SUPPORTED BY THE DEVELOPER TOOLS? It was interesting. You seem very knowledgeable in ypour field.
ReplyDeleteu working hard TMI !
ReplyDeleteHey TM,
ReplyDeletefirst off Happy New Year and all the best for 2010!
Great blog ... keep up the great work!
I have a couple of questions concerning your strategy. Since you mainly play breakouts, where do you set your initial stop? Do you have profit targets or do you work with trailing stops? If so, what trailingstop method works for you?
Thank you very much for your efforts :-)
Timo
Maybe you could describe your strategy (trade management with stops) on a chart example (e.g. your mentioned AXL breakout at 8.35)
ReplyDeleteThanks :-)