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Patrick - stop. Step away from the computer. Don't change a thing. Gradually ramp up your position size. Then focus on play rather than work..... Ignore anything anyone says to you about trading ...except this post of course.... have a great day...and life.
PS - now you are going to be bugged to death to share...everything... you knew that right...?
Patrick, Websouth is right: 1.5pts/car 4 days a week, if you don't loose 6pts/car on the 5th day , just add more cars, and don't change anything else, that's fine.
If you really want to have a runner, which is supposed to get more ticks than your usual 2 pts target, you may try an ATM strategy on the last contract, when your 19 other are already out, and your profits for the day are already done.
Here is an example of what a very basic ATM can do:
- 10 cars
- 8 ticks stop
- 5 cars out after 1st target (4 ticks)
- 4 cars out after 2nd target (8 ticks)
- 1 runner (with something like 14/2/8/10/10 as a custom stop strategy).
The ATM parameters are quite bad, the last car only made +4.5 pts, but it gives an idea of what can be done.
A quite good trader told me, one day: "You can have small losses, you can have small winners, but it's mandatory to have big winners !!!".
In a recent survey about webinars, a lot of members expressed interest in learning more about the elusive "price action" that many traders talk about and refer to.
It is my intent with this thread to try and document price action from my point …
Ignore anything anyone says to you about trading ...except this post of course.... have a great day...and life.
, just add more 
