yes this indeed is correct. I read somewhere if you did your anaylsis right? you should wait about a hour to see if it goes in your direction. if not then close the trade.
Honestly there are alot of systems that can help you trade nas 100, nasdaq ghost works okay but it works better in ranging markets, its horrible in trending markets.
you are supposed to use the robot at new york open session on a 5 min timeframe, honestly the higher the time frame the less likely it will blow your account. i would definitely start with atleast $2000 on the 30 min time frame.
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