Initial protective stop (IPS) - MTPredictor | futures io social day trading
futures io futures trading


Initial protective stop (IPS)
Updated: Views / Replies:1,097 / 1
Created: by johnmic Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Initial protective stop (IPS)

  #1 (permalink)
Trading Apprentice
perth/australia
 
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: fx futures
 
Posts: 1 since Aug 2013
Thanks: 0 given, 0 received

Initial protective stop (IPS)

How do you guys place your initial protective stop in MTPredictor? There are many times that the default trailing one bar high/low IPS get stopped out but the market rebounds after 4 or 5 ticks beyond the IPS and reaches the target level. Should we adjust the IPS or just accept the 1R loss?

Reply With Quote
 
  #2 (permalink)
Elite Member
Germany
 
Futures Experience: Beginner
Platform: MultiCharts, NinjaTrader
Broker/Data: IB/IQFeed
Favorite Futures: NQ, YM
 
Posts: 79 since Jun 2009
Thanks: 113 given, 55 received

I always use the IPS and if trading on the 3m chart almost never set it to break even if the price reaches the 100% initial risk. The low time frame charts are just to choppy for that.
That being said, yes, I accept the 1R loss in that case and wait for a better entry.

Reply With Quote

Reply



futures io > > > > Initial protective stop (IPS)

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Jigsaw Trading: TBA

Elite only

FuturesTrader71: TBA

Elite only

NinjaTrader: TBA

Jan 18

RandBots: TBA

Jan 23

GFF Brokers & CME Group: Futures & Bitcoin

Elite only

Adam Grimes: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Is the "stop limit" used as a protective stop, and what does "off-set" mean shots fired NinjaTrader 2 July 23rd, 2013 03:01 PM
can i place limit order, target price, & protective stop simultaneously shots fired ThinkOrSwim 4 June 22nd, 2013 04:31 AM
Data on Initial Balance - ES greenroomhoo The Elite Circle 19 January 29th, 2013 09:58 AM
Rick Santelli Goes On Epic Initial Claims Rant kbit News and Current Events 0 April 12th, 2012 02:24 PM
ICE Follows In CME Footsteps, Lowers All Initial Margins kbit News and Current Events 0 November 6th, 2011 11:15 AM


All times are GMT -4. The time now is 11:37 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-14 in 0.05 seconds with 19 queries on phoenix via your IP 54.227.51.103