sfsamperi.blogspot.com

You have to survive

You have to survive
Every day is a battle, survival is rule #1

Tuesday, June 7, 2011

went ahead and exited my lumber trade for a 2% loss.  i didn't like how it was acting.  now, i think i should either exit using pivot hi's/lo's or ema's as trailing stop.    the ema's confuse me sometimes and the pivot method is easier for me to use.  i remember using it a long time ago with great success.  i had too many possible exits.  it sounds good to me but mainly relying on one makes more sense in the long run.  i will try to exit using pivot highs and lows, a close past a recent hi/lo will make me exit.  this works very well when trading in trends.

only holding 30 yr futures long now.

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