CORN: The commodity for 2007

[peter2]

You've got to be very careful about how you place your exit stops in a futures market that has short open sessions and is traded electronically for the rest of the 24 hrs (day). Volume during the open sessions is huge but during the rest of the day very low. Tight exit stops are going to be hit regularly by the pro traders. If price opens 28 points below your 15 pt exit stop, you're going to get filled at -28 pts.

You must understand that you're trading against the best specialist traders in the world with huge capital in these commodity markets.

 

[Warr87]

good point p2.

shouldn't effect me as I wont put stops in the market, but something to consider.

btw, as a side note, I just ran a few quick ideas through RT. Mid-2020 was an amazing year to be in futures lol. almost every system I tested made money hand-over-fist lol.