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Re: Nolerman post# 298358

Friday, 07/15/2016 6:12:19 AM

Friday, July 15, 2016 6:12:19 AM

Post# of 364268
Nolerman, If I may add a word on your plan. It is a very viable trading plan. The 30% rule is great for working these markets today.

In order to make money with it and compensate for the commissions on the trade. Make a commission table out for yourself. Add into each trade after figuring out your 30%. Then divide that by your amount of contract to see your exit price. And you've covered the "costs" of your 30% trade.

I'm doing this a lot lately. I usually go for 50-75%. But that's my plan. I can do this two to three times a day. I see the longer you stay in the market the more the chance the market can hurt you.

Thank you for sharing your trading skills with the board.

"TRADE THE BOTS. NOT THE STOCKS."

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