futurestradingplan

Futures Trading Rules

1. Use 2pt stop, Target must be 2pts or more.

2. No trading until after 645am, no new trades between 9am and 10am (PST).

3. Setups and Entry Signals

4. When trading more than one contract, move stop to breakeven based on 20bar EMA

5. Reduce or remove position if 1st target not achieved after 10-20min.

6. Write up a plan for the day, and review how well you followed it at the end of the day.