Day Trading Tips and Tricks

May 8, 2015

Erich Senft

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Geof

Trade Manager is a big help when setting stops. I set the program to manual and use it on different charts with different stop parameters. I do this because the ES can have different volatility even trading short term making different stop parameters work better a different time. When I see a chart I like with a stop parameter that looks reasonable, I switch that chart to auto. By switching to auto I can then let the trade run and avoid the impulse to cut the trade short or the need to sit and babysit the trade to its conclusion.

May 8, 2015

Erich Senft

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