One of the most difficult aspects of trading is riding a winning trade. Markets are volatile so it can condition traders to make many decisions in short term trading systems during the day to protect profits and manage risk. Riding a winning trade that "feels" like it is about to rollover can cause anxiety when traders succumb to emotions and just want to take profits. On days when there is a massive trend, the decision to exit early, can generate additional emotions related to missing a trade.
An emotional mindset can affect a trader's ability to really ride a winning trade when there is a strong trend. While no strategy wins on every trade, Gap Continuation 2020 NQ is developed to capture the big moves when they happen and manage risk when the market moves against the position. Using a trading system can automate the process. Trading the right number of contracts for the account size and risk tolerance can make it possible to stay with the trade and give a trader the opportunity to capture the big winner.
Gap Continuation 2020 NQ captured 245 points in yesterday's trading system signal. There wasn't even a 50-point pullback during this trade. This strategy is one of our top strategies to trade and is ideal for trading prop firm evaluation accounts or prop firm live accounts.
The equity curve for the trading system signals for this strategy are at equity peaks. This strategy is developed for Tradestation, NinjaTrader 8, and Multicharts.
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