TortoiseTrades - A Futures Trading System
The Tortoise On Your Mark Get Set Go They're Off Finish Line
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In the Race

Less Than 5 Minutes A Day

There is going to be a learning curve. You have to set up your trading account with a broker if you do not already have one (See Links). If you are new to trading it will take time to learn how to place an order. I will make this very easy. I will send an e-mail when a trade is near, alerting you not to be sleeping. When a signal is given, I will send another e-mail stating exactly what the order is. You can then read the order to your broker. If the order is filled, your e-mail will have further instructions as to where to place your stop and when to exit.

This is a no-frills service. I will not fill up pages with fundamental analysis or comments on technical support areas or resistence levels. We will just let the system pick the trades and stay focused on the finish line.


Money Management

Money management is an area that you may need to read about and decide for yourself. Remember the "Understanding Risk" page? You know what your personal comfort level is. There are many sites that explain risk management. I have included some on my links page. Don’t get greedy. It will be tempting with this high level of accuracy to pile on the contracts.

One comment I will make that you may not read any where else. Because there is a high level of profitable trades over losing trades, the ratio between risk and reward can be higher. My system has two methods to determine when to get out with a loss. The initial stop I give you I call my "disaster stop". It is pretty far away from the market. Most times it is as much as the profit objective I am trying to get. Most veteran traders will tell you that this is too high of a risk reward ratio.

I call it the "disaster stop" because there could be a disaster that hits the market and traders panic and want out. What is a disaster? One that I recall right away is Chernobyl’ back in April of 1986. A Russian nuclear plant had an accident and almost had a melt down. We didn’t know how serious it was for awhile, but you can imagine that rumors abounded. Thousands of acres of farmland in Russia could have been contaminated with radiation. The first reports were sketchy. Russia certainly didn’t want the world to know what really happened. The futures market reacted and grains started taking off. I, personally, do not like to be in the market when a disaster like this happens. There are plenty of opportunities to trade under normal conditions with plenty of volatility. My "disaster stop" are for times like this.

This "disaster stop" has seldom been hit. In almost all the trades, my primary stop loss method was initiated when the market did not go in right direction.



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The Tortoise On Your Mark Get Set Go They're Off Finish Line
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TortoiseTrades - Futures Trading System, 100% Mechanical Commodity Trading program uses online, end of the day trading to control your investment capital Archive
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