Emini 4 trades all 4 were good
I need to look into a trailing stop loss, because if the market moves a point in my direction then I don't want to let it go 2 points against me and get me out with a 1 point loss, and this happens to me.
If the market moves in my direction even a half point I want to start moving my stop down and take a smaller loss.
Anyway, today was a better day for me, I had 2 good trades and then the 3rd one I just missed it while I was looking at something someone was saying in a chat room.
I just glanced away for a few seconds because it looked like there was not set up and a few seconds later I looked back and I had just missed the trade, of course that one worked out to be a winner.
Then there was a 4th set up but not a great one, and I was concerned because the market had already dropped a lot from the open and it was going kind of sideways.
The top of the hook had also pulled back into the moving average line, and was almost as high as the previous hook, making it look like it was probably going to go up from there.
Well it broke down and I decided not to take it and the market dropped over 4 points. This has happened to me several times, I am thinking I really need to just take all hook setups and not try to pick the ones I think will move since I am usually wrong.
