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Day Trading Grain Futures: A practical guide to trading for a living by David Bennett

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13: My Trading Calculator

Once a trading session starts, the action is fast and furious and I haven’t got much time to spare. I don’t want to be in a position of writing down ranges, calculating stop and target levels by hand, or manually working out how many contracts I can take.

Figure 13.1

Figure 13.1 is a screenshot of a spreadsheet calculator I use to do this work for me.

Setup begins about ten minutes before the trading session opens. At this time I ensure all the information in the bottom half of the spreadsheet is up to date and correct, as follows.

Price, change

I access the price quote for the contract I’m trading. This ...

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