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Right Line Trading Method

  #12 (permalink)

Elite Member
Saratoga, NY USA
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: CL, GC
 
Posts: 377 since Aug 2010
Thanks: 141 given, 791 received


avall38486 View Post
Mike,
I believe Maria means 30 ticks ($300) for 3 contracts to start with and your profits were $200. I think this is how she came up the R:R ration.
Amin

Thx Amin for the clarification.
Again is 10tix initial risk too unreasonable to ask for on trading CL?
I don't think so.
How does she know of $200 profit on 3 contracts?
Even if it were the case, these are hi probability setups.
I'll gladly make $200 a trade consistently. The price action would have to have gone at least 20tix or so.
T1 = 6tix
T2 = 10tix
T3 = 10tix trailing stop
I will look back to Wed and try to post pic of this CL move

Mike S.

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