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Slippage

Common TradingView Mistakes and Friendly TipsIn this video idea, I share some common mistakes I see people make when looking at and interpreting strategies and indicators on TradingView that may impact their profitability when trading. I also share some helpful tips on how to avoid falling for other people's mistakes by getting sucked into public strategies that seem too good to be true, and also how to use some of the more undervalued features on TradingView to help improve your experience.
OANDA:SPX500USDEducation
by BigBitsIO
5
THIS Is Why You Need Stop Losses!! - 06/17/20 RECAPHi traders, Some days trading is harder than usual, most of the times because the SPY is indecisive or switching "sides" frequently. Wednesday was one of those days. Most of my trades went into some profit, but eventually failed. The last trade of the day in NCLH put me back into more reasonable loss for the day thanks to my 1:2 RRR I aim for. Anyway in the video I talk about the importance of Stop-losses as I was kicked out with MORE THAN 40c SLIPPAGE in GRUB. Now imagine if I had no SL and it didn't retrace... scary stuff! Trades: 1) GRUB - LONG @64.84, -1.31% 2) KSS - SHORT @23.68, -0.49% 3) BA - SHORT @192.3, -1.02% 4) PDD - SHORT @81.56, -0.65% 5) NCLH - SHORT @19.45, +2% *In my ID trades, I risk 1% of the account per trade and go for 2% (2:1 RRR ). Sometimes I adapt a little bit as you can see in the trades' description.* Total PnL for the day: -1.46% Total PnL for the week: -1.52% Good trades, Tom | FINEIGHT
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by Fineight