ATRS
Antares Pharma, Inc.
stock NASDAQ

Thanks for your help, well in futures, the only way I figured out to make money is tight stops, and immediate exposure reduction by scaling out at pre-defined returns. This is because day trading analysis is way nosier then swing trading so you got to off set that with extreme strict protection. But I don't have very much room to be wrong on a Futures trade no.
About 2-3 ATRS worth of width from the entry in most cases.
I actually suspect Ill just let the credit spread die if it goes against me.

I kinda see it this way....
in day trading my set up in generally has about a 70% chance of not being wrong.
But that doesn't mean its a 70% chance of win.
Of my winners, about half the time, I'm right, and the other half, kind of right. Meaning it went in my direction but not as far as I thought , so I end up with a partial profit if If I get nervous about the momentum and pull early ( most cases) OR I let it run, close stops to a break even and see what happens ( mostly a break even)
I like the idea of credit spreads because I still get max win if im kinda right, maybe a partial win if the market is flat ( which is never the case ( as I said, im either right or very wrong lol )
Thanks for the info on Pin Risk, I am plannign on doing this with stock, and never risking more then 2% of my account on any given trade, so early assignment I think would generally mean a max win, because I can afford to hold the stock momentarily. But it is worth noting.

What percentage of profit do you think I should shoot for ?
I was thinking 65% unless I feel im really really right, in which case go 90%

Thanks for your help, well in futures, the only way I figured out to make money is tight stops, and immediate exposure reduction by scaling out at pre-defined returns. This is because day trading analysis is way nosier then swing trading so you got to off set that with extreme strict protection. But I don't have very much room to be wrong on a Futures trade no.
About 2-3 ATRS worth of width from the entry in most cases.
I actually suspect Ill just let the credit spread die if it goes against me.

I kinda see it this way....
in day trading my set up in generally has about a 70% chance of not being wrong.
But that doesn't mean its a 70% chance of win.
Of my winners, about half the time, I'm right, and the other half, kind of right. Meaning it went in my direction but not as far as I thought , so I end up with a partial profit if If I get nervous about the momentum and pull early ( most cases) OR I let it run, close stops to a break even and see what happens ( mostly a break even)
I like the idea of credit spreads because I still get max win if im kinda right, maybe a partial win if the market is flat ( which is never the case ( as I said, im either right or very wrong lol )
Thanks for the info on Pin Risk, I am plannign on doing this with stock, and never risking more then 2% of my account on any given trade, so early assignment I think would generally mean a max win, because I can afford to hold the stock momentarily. But it is worth noting.

What percentage of profit do you think I should shoot for ?
I was thinking 65% unless I feel im really really right, in which case go 90%