David
David Patrick has traded bond futures,spreads,equities and options for over 20 years. He graduated from The Ohio State University with a degree in Finance, in 1995. He started his business career as a Trust Tax Accountant for National City Bank. He became an Investment Advisor at Olde Discount Stockbrokers in 1998. Five years later he became a top trader for Elite Trading LLC. At this hedge fund, David led a team of traders specializing in bond future spreads to an impeccable track record. In 2008 he branched out on his own and became a very successful Independent Trader. On January 25th, 2013 he successfully launched Fitzstock Charts Premium Service. This elite trading service has helped traders around the world learn his proprietary trading methodology.
David
Is “wants higher” code for “buy now”
Whenever I follow the code I do well with the trade. Am i thinking correctly?
BTFD is another one I have figured out… genius that I am.
Thanks for all you do and I am stoked for Feb and the premium service.
cheers
Marc
Marc,
you are learning FAST
thnx bud,
see ya soon
David
How do you determine when to take a chunk off and leave the runner? Seems like .5-1% area depending on the position size?
Kay,
Thnx for the comments.
There is no defined rules where you scale out 3/4 and leave a runner. It completely depends on your size positions……and .5-1% seems fair, especially if trading options(as they could move 5 to 10x leverage those results)……good luck, and see ya soon(Feb 2)
Enjoying the education here!
thnx