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rabidsheep

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    TradersLaboratory.com
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  1. Hi, From my experience the entries are specific and once a setup is a valid pattern "On Bar Close" it stays in place and is either a winner or a loser. With the correct position size given my the Risk Reward module. I find the Risk Reward tool invaluble for my own setups. The site has a very strong emphasis on not overtrading and places Money management as being one of the key's to success, along with trade management. Their software runs on Ninja Trader, Tradestation and eSignal. Then again you can scan for these ABC setups (Bull/Bear Traps call it what you will) yourself manually and apply your own management methods save buying the software which just does the scanning for you! Hope this helps.
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