The thought process makes sense. Trade with the trend! And, in many ways, if the market made such a large move, then it only makes sense the trade is strong in that direction.
Ways to enter the market that is too high to buy/sell?
The best way is to GO FISH for better prices, OR, place an entry stop order above or below the market and let the market get you in on the momentum.
We suggest either way you choose to GO FISH again for better fill prices and not enter all in on the first trade. Watch your protective stops and take your 1/2's off as the market moves in your favor.
Next -> Mind Set Models
Futures, Options on Futures and Forex trading involves a substantial degree of risk of loss and is not suitable for all individuals. An investor could lose the entire investment or, in some cases, more than the initial investment. Past performance is not necessarily indicative of future results.