“One of my problems is I have a hard time letting profits run…”

Feedback in:

I like being at my desk and trading micro e-mini futures. I watch the markets and I study a lot of trading and investing related topics. In studying the Turtles I heard you on a couple of podcasts. Among many items of concern, one of my problems is I have a hard time letting profits run. After reading about the turtle method of adding to winning positions I see my method of trading 2 contracts and exiting at 16 ticks for the first contract and at 40 ticks for the second is counter productive. As the singer says, I need a new drug, meaning a way to take my futures to a higher success rate.

Sincerely,
Michael B.

Some truth and questions to present:

1. If you can’t let profits run — hard to ever be successful.
2. Profit targets — bad
3. Day trading or tick trading — bad.
4. Which markets do you trade and why?
5. What is your exact system?

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