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Re: desertcynlite post# 490

Thursday, 09/23/2010 11:14:43 PM

Thursday, September 23, 2010 11:14:43 PM

Post# of 3637
I did not exactly follow the rules in the first one, after four days (a must), for sell, it has to rise above the 20day high, to get an entry. It didn't when I placed the first TSS trade, the NBE statement screwed me royally. but after that,all conditions were satisfied for a TSS. There was an intraday TSS today but at the close it was eradicated. The trick is to place trailing stop to ride the down trend, this is mainly for trading futures. But option is a different story...just short on rallies...the trend is down until it isn't.

2bit
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