Hi Mack. I love these videos this is a great addition. I am new to futures trading and have a few questions.
Q1: On this trade I see the prices are: Entry is 4071, Initial stop is 4069, and Target#1 is 4072. Am I correct in my understanding that the stop size is 8 Ticks (2 points), and the Target #1 size is 4 Ticks (1 point)? If so what does it mean when you say “scalp out 15”?
Q2: I have a small account so am experimenting with the Micro Mini ES (MES). Should our strategies work with the MES? Any concerns?
thevmackwin April 6, 2021 at
Wow, heard you loud and clear.
Forget about reversals and failed second entries.
BASIC 2ND ENTRY = BANK!