Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: 7 Day rule?
In Response To: Re: 7 Day rule? ()

As best my tired old mind can recall it was some thing like this. After 7 to 10 day of higher highs and higher lows place a trailing sell stop under the 7th day and follow the trend until it gets hit and you are wealthy. I'm not sure if that is 100% correct or complete. If it works for you I think 18% cut for me is reasonable.

That is something like what I do with pullbacks in a long trend..