Tuesday, November 25, 2008

TsuBot "Position Scalps" the Eurocurrency




We call going for a reasonable yet significant profit target "position scalping" . Scalping is usually thought of in terms of taking off profits at 1 or 2 tic profits. "Position Scalping" goes for a lot more.



Today TsuBot called a nice trade in the Eurocurrency at 8:20 am est. Entry at market filled at 1.2858. Limit exit at +20 tics ($250 per contract) was then set. $1000 daily trading goal accomplished for the day by 8:32 am est.



You will note this is our Multicharts version of TsuBot. TsuBot is now available in 2 versions, Tradestation and Multicharts! Multicharts has over 20 data feeds that will feed our charts


http://www.tssupport.com/multicharts/datamanagement/#datasource

With these 2 versions, we seek to be able to help the entire world of traders!



Have a great day!
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Futures, stock and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures, stock and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures, stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed here or on the company website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS.UNLIKE AN ACTUAL PERFORMANCE RECORD,SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING.ALSO,SINCE THE TRADES HAVE NOT BEEN EXECUTED,THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY,OF CERTAIN MARKET FACTORS,SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.