bracke said:KJH
You may have answered this already but if you position trade the dow how far out do you set your stops?
I have great problems with dow volatility taking out my stops and then reversing - most frustrating.
Regards
bracke
Only Trade the FTSE (futures, Z, & options, ESX contract) and S&P E-mini (ES) Bracke.
I know what you mean with being stopped out. Use to happen all the time when I traded the SPI on the SFE (Sydney futures exch)
I should clarify my futures trading. It only becomes a position trade if 1) the market has moved sufficiently away from my entry point to risk holding whilst the market is closed 2) I feel that I am getting in with the trend and close to the beginning of that trend.
The ES, via GLOBEX, is primarily my hedging vehicle if anything stupid happens while London is closed and I'm holding overnight....
Time to rock and roll 3.05pm local time means its 8.05 am market time.......
KJH