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Jerry Olson

02/21/03 1:11 PM

#78885 RE: conelda #78873

conelda

depends on a ton of things...if your a daytrader then you should use either a dollar amount, or a 5 min chart based on your entry...with the 20 ema...

my basic advise is this...

once you enter a trade place your stop at a price you can stand to lose...if the trade moves with your direction at the first 30-40 cents go to break even immediately...or..scalp it...

you'll need to determine the "days trend" and watch the futures to be able to make a sensible entry, stop and exit strategy...