71. Take Your Half's Off


 

Taking 1/2 off is key to the success you see in our trade room. 

We wouldn't even be close to the results you see in the room unless we practiced this model over and over. 

Taking positions off at a profit never hurts anyone. We see lots of traders do what we call Hot Potato trading, meaning all in and all out. What you get for doing this is yes, you made money hopefully, but the flip side is you did not allow the trade to make the bigger move(s). 

We feel it is important to get those potential larger profits on each trade to be able to handle any draw-down moves coming. 

GoFishPro Max and Easy are set up to perform this function automatically. 

We set 2 exit models to exit the X % percentage of contracts at X profit levels automatically. We also included hotkey functions to do the same manually.

Past performance is not necessarily indicative of future results.


Staying with a position - Set up a FREE TRADE - 

When you can set up a Free Trade model, then you can relax and take it easy. You can't lose now and you can now sit back and let the market go up and down, with a B/E or better stop in place. 

Go Fish Pro Max has the Progressive Trailing Stop function that can be set at the same time you start to exit contracts. It will also auto-cancel replace your protective stop orders as more contracts are excited each time.

Past performance is not necessarily indicative of future results.





Next -> More Trade Models 

72. Alpha Hunters Niche



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.