dio,
Like Semibizz noted, my system is a breakout system. Problem with trading breakouts in the cash market (in the current market) is that it's sucks you at the top end of the range and spits you out at the bottom end of the range. As a trend trader, i have to trade breakouts, i cannot fade them.
Now how does that early 4-5 points entry in ES make any difference ? It makes all the difference in the current market conditions. Taking an entry 4-5 points earlier would mean i can take partial profits for 10-15 points. On the other hand, in the cash market, the same trade would turn into a loss, as it turns around before meeting my partial profit objective.
Edited by NAV, 20 October 2016 - 10:19 PM.