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stock index futures
Rep: 15
Posts: 755
frito made an excellent comment in the room today: scratching trades like we did means that we never accepted the risk in the first place

JP reiterated the fact that we need to be targeting more points with each trade that we take than the risk that we're taking. If we're risking 1.5 handles then we need to be targeting at least 1.5 handles for the first partial that we're taking off. Taking ticks instead of points profit will not lead to a winning strategy.