Dummy day trading #4 03-August-2006: Mini Dow Futures: Long trade closed
August 4, 2006 – 1:56 amIt is another good day for bulls. Mini dow had a good run. Long positon was established at 11229 above 1030am candle with initial stop below 11215. Trailing stop was moved four times after position reached 4~R gain. Subsequently, Mini Dow pulled back, and last trailing stop was triggered at 11270 with 3-R gain. I am still feeling I am moving trailing stop too early, however, before I have a complete plan, I will stick with this plan.
From the desk of Tradergav.com
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