We use 2 Basic Trade Configurations
1) The 2 Tier Scalp
2) The 4 Tier Momentum Runner
Rule #1 is Getting Your Stop To Delta Neutral
On both trade configurations you will see that the main goal is to get enough price movement in our favor to take partial profits and then move the stop up to breakeven.
At that point the trade is in a “no-lose” situation.
Here is the 2 Tier Scalp Configuration.
Here is the 3 Tier Momentum Configuration.
System alerts and messages will let you know when the stop has achieved Delta Neutral and will also let you know when to move the stop up further. The messages will display a Macro Target for the Momentum Configuration.
It’s important that you follow the “getting your stop to Delta Neutral” Rule every trade. The idea is that we trade around breakeven or score big gains.
We do not take large losses on any trade.