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Stoploss

Is it a bird? Is it a plane? LOLRight - guys and gals - it doesn't get much better than this. Just don't blow up your live accounts on this pattern. Anything is possible. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30Short
by Captain_Walker
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
G
by Fineight
Add #INFOSYS in your Watch listLook at Infosys Daily chart. It looks beautiful on TA. Recently it broke the resistance level, but again its trading under those levels. Also the short term trendline is supporting the stock. Once it breaks the short term trendline, it can rally further downside. Need to closely watch the stock. 0% luck, and 100% SKill are required to become a good trader. You need to need get a proper trading plan. Few Takeways to become a good trader: 1. Never risk more than 1% of your capital 2. Before entering a trade you should know your Stoploss levels and Exit levels. 3. Dont be Greedy. 4. Trade in stock market like a business and not like gambling. 5. Train your mind to become a trader. Risk only that much which doesnt effects your daily life
NSE:INFY
by bhandarishrey2
AUDJPY (3D) - The choice is yours.Nobody knows where price will go! In these sort of zones anything can happen. I always look to higher time frames like these to understand any price vacillation on lower time frames. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
by Captain_Walker
Why not to trade/scalp with a high leverage?Why not to trade with a high leverage? We, scalpers, usually trade with leverage, because our gain from an individual trade is small but only accumulates in a period of time if we re-invest after each trade. Because of our tendency/ human nature we tend to focus on profits but in the long term it is our losses who determine our success. Our losses are mainly through stoplosses or liquidations. From this point on, I would like to give examples from my trading strategy. I always recommend in my published ideas, not to trade with a high leverage. Here is a basic calculation to show you why I recommend low leverage trading. In my Trades, the main target is what I call "exit2" which is around 1% change in the direction that we wished for. Sometimes "shit happens" and we crash the stoploss (I will use 2% change as an example). How many succesful Trades (%1) do we have to manage to overcome a loss by a stoploss (2%)? That is really different by each leverage. -By 3x leverage you have to trade around 2.22 times to overcome the loss of a stoploss. -By 5x leverage you have to trade around 2.37 times to overcome the loss of a stoploss. -By 10x leverage you have to trade around 2.485 times to overcome the loss of a stoploss. -By 15x leverage you have to trade around 2.62 times to overcome the loss of a stoploss. -By 20x leverage you have to trade around 2.87 times to overcome the loss of a stoploss. -By 25x leverage you have to trade around 3.15 times to overcome the loss of a stoploss. As you can see, with an increasing amount of leverage you have to be more successful to even break even. I would say it is Ok to scalp with a leverage of max. 10x, but I would definitely recommend not to scalp/ trade with a leverage higher than that.
BITMEX:BTCUSD.PEducation
by Master-of-Scalping
6
AUS200 (1d) - probability south. No loss no gain. This is a risky position, obviously. I do not know if it will fall or head north. My estimate is for the south. Heavy losses may be involved. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FX:AUS200Short
by Captain_Walker
AMD - Correction Is Over, AlphaOverBeta Technical AnalysisHello Traders, Analyzing AMD from the technical perspective, we see that the peak was reached at 57$, After that, the stock retraced some of the gains and went back to the support of 52$ and the stock is now ready for the next leg up. Our stop loss is set at 49$, a healthy 3$ spread, there is a greater chance that the stock will move to the upside but in case it does not and the correction turned into a downtrend, we close the entire position at 49$ Today (May 27th) is an interesting day for the price pattern of the stock, a clear hammer is formed supporting the uptrend hypothesis, The support of the 52$ is also the 50 days EMA which also served as support since April 2020. Trade Smartly, Alon, AlphaOverBeta
NASDAQ:AMDLong
by Alon_AOB
5
CADJPY: In a potential kill zone. This is on the daily time frame. Nobody can predict where price will go or how far it will go in any direction. This means that if one is shorting or going long on this position, one has to expect losses. I always keep losses at the forefront of all my posts. I cannot predict what will happen next. People often ask me for targets. I don't do targets. This daily position can be exploited on lower time frames, with the right skill. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Short
by Captain_Walker