Page 176 - ART® Study Manual html5 - flash

® “Home-Study Course” Study Manual Page 176

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If you are “Scalping” the market using ART® “Reversals”, choose a

time frame where you do not get stopped-out often. This can happen
when the market is moving between pivot highs and lows.

Your trading account size and the price of the market you want to trade
will determine what time frame you CAN trade, while maintaining
proper risk control. This does not mean you SHOULD trade that
market and time frame if the market cycle and volatility are not
supportive to your style of trading.

Holding Trades Overnight And Assuming Overnight Risk

When trading a fifteen minute time frame, your stop loss and position
size will be based on the fifteen minute time frame. But, let’s say you
are five minutes from the close of the day and the trade is profitable and
much more profit is possible if you hold the trade overnight based on
the fifteen minute chart. As soon as you consider holding a trade
overnight you must consider the following “Rules Of Engagement”.

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