DBQ's Campaigning rules v.3, 12/15/2005 (based on conversations with FL)
The objective of the campaign is
to derive maximum profit per unit of risk from a swing trade. The strategy is
to use entries from the 3m for reduced risk, and to build size without ever
exceeding the initial risk:
Phase 1: Get the trade on |
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Phase 2: Cover the risk |
By the time the base trade has moved 5 points, the risk should be covered by one (or more) of these risk-control strategies: |
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Phase 3: Press the trade |
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End: |
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Multi-dimensional
trading:
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During the campaign a potential base trade may occur in the opposite direction. This may be taken as a separate campaign starting. Since the long campaign will trade the up-waves and the short campaign will trade the down-waves, there should be little conflict. Each campaign will follow the same rules independent of each other, so the long and short campaigns must be tracked in separate logs, and may be trading different size. |