[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: System Exits



PureBytes Links

Trading Reference Links

Sigstroker@xxxxxxx wrote:

> Out of curiosity, which formations do you usually base your entries on?
>

Please is it possible to post the content of all Ross books ?

> In a message dated 98-09-27 09:50:02 EDT, jfb.nyc@xxxxxxxxxxxxxxxx writes:
>
> > I trade the S&P's using a variation of Joe Ross's technique. It requires
> >  trading at least 3 contracts. The first contract is exited during the
> >  initial positive move and "pays the overhead and cost of the trade." The
> >  second contract is exited at the first congestion area or beginning of a
> >  retracement. The third contract is left to ride with a wide stop after
> >  moving the stop to break-even.
> >
> >  While it probably has a lot to do with my trading style, I make most of my
> >  money from the first two contracts.
> >