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Stoploss

Stop hunts - The retail traders worst enemy.STOP LOSING TO THE SHARKS Why do 95% of traders fail? Because you learn from the masses, then you lose with the masses. You are being fooled by the banks & institutions. The very core of technical trading revolves around support & resistance. You are taught to sell if price breaks support and buy if price breaks resistance, but you aren't taught to win - you are taught to lose. The big cats in the market want you to follow these procedures so that they can manipulate the market to their benefit. When price breaks support, all the retail traders start closing out their buys - (stop losses hit) - and entering sells to follow the 'newly formed trend.' But after a 10-50 pip drop beneath support, price sharply reverses and shifts back to the upside with strong momentum, once again wiping out retail traders - and providing market makers with the best possible prices for optimal trades. So stop trading like a retail trader, start thinking like a shark. Until then, you WILL lose.
Education
by jeafxtrading
2
GBP/AUD BUY BIAS (RETEST OF 1.81300)My BIAS for GBP/AUD in the upcoming week will be a BUY. My reasons behind this are that we had 1.A previous ascending channel which has been broken and rested with a strong Bullish Engulfing Candle following the retest. 2.We are currently travelling above a recent Supply Zone and also a strong daily resistance which we've also seen act as support at 1.81300. I will be looking to enter this trade upon a retest of our Daily Resistance with targets of 1.82500 (120 Pips) Stops will be around 1.80900 (40 PIPS)
Long
by RhysFX
I will hold my shorts until TPs/SLs hit, or confirmations..Well, there are many indicators that show that we are going to bounce.. - sma200 ema200 on 4h - fear index extreemly low - some other indicators show that we are at the lowest point such as rsi.. - also we didnt have pull back yet (to prepare for next drop if there is going to be any?) - we sliced the cloud downwards on hourly, but now need to test it out again (pull back) *** and more... but all these indicators aren't a must, especially if we are going to see long red weekly dildos, sure small consolidation/pullBack is nice to have, but dont forget that there are also a lot of indicators showing that we can continue going down.. This is why for those who shorted with me, I told to take some profits (15% at-list), and to move SLs to a profit area.. but Im not done shorting, Im still in both positions, and I still believe we are going to meet at-list 2 of my TPs: 10300, 9450, 8450- (from my perspective these are much more probable then going back to 11k+ atm.... but as I said that everything is just probabilities, we cant always catch the edges, and we cant always catch the right direction, thus all who did short so far I would recomand to keep at profit levels and hold positions until either TPs/SL hit or until we have confirmation for drastic market change, those who aren't in position should wait for a better position (I think a closing candle today or weekly should tell direction) - never rush a trade because this is how you lose money.. those who want to try to long this falling knife are welcome but dont risk too much, keep it safe trading.
BITMEX:BTCUSD.PShort
by Hedgehog_king
How to connect your indicator with the Trade ManagerHi everyone On Today's tutorial, I wanted to highlight how you can upgrade your own indicator to work with the Trade Manager Let's take the dummy example of the double MM cross Step 1 - Update your indicator Somewhere in the code you'll have a LONG and a SHORT condition. If not, please go back to study trading for noobs (I'm kidding !!!) So it should look to something similar macrossover = crossover(MA1, MA2) macrossunder = crossunder(MA1, MA2) What you will need to add at the very end of your script is a Signal plot that will be captured by the Trade Manager. This will give us : // Signal plot to be used as external // if crossover, sends 1, otherwise sends -1 Signal = macrossover ? 1 : macrossunder ? -1 : na plot(Signal, title="Signal") The Trade Manager engines expects to receive 1 for a bullishg signal and -1 for bearish . Step 2 - Add the Trade Manager to your chart and select the right Data Source I feel the questions coming so I prefer to anticipate :) When you add the Trade Manager to your chart, nothing will be displayed. THIS IS NORMAL because you'll have to select the Data Source to be "Signal" Remember our Signal variable from the Two MM Cross from before, now we'll capture it and.....drumb rolll...... that's from that moment that your life became even more AWESOME The Engine will capture the last signal from the MM cross or any indicator actually and will update the Stop Loss, Take Profit levels based on the parameters you set on the Trade Manager I worked the whole weekend on it because I wanted to challenge myself and give you something that I will certainly use in my own trading Please send me some feedback or questions if any Enjoy Dave
BITSTAMP:BTCUSDEducation
by Daveatt
19
EOS/BTC - EOS might be making an impulsive wave 1.Hi! As Bitcoin is consolidating it may be an opportunity to the alts to peform after been correcting since Bitcoin's dominance were sucking alts powers. This is a correlated idea about Bitcoin's dominance that you could check it out: Neo were one of them that been showing so much strenght. As you can see in the chart we can test the trend channel, I've bought a small position at 0.0003949, if prices stays above 0.0005000 and I don't get stopped I will make another buy on that zone until first target at 0.0006900. This is a swing trade and so you got to deal with every correction between the target, to so is really important to keep protected use stops to meansure your gains and avoid loss. STOP LOSS: 0.0003335 (-15%) (I've started small, if I loss -15% it won't be a problem at all. Never go all in) STOP GAIN: 0.0006920 (+80%) Keep it simple. **** Manage your stop according to your risk management. This is not financial advice.
Long
by LuanCeli
3
LINK/BTC - Bigger correction aheadHi! Looking broadly, more precisely on the weekly chart, we can count 5 impulse waves. Now we can correct it on ABC. If my count is correct, Link is probably moving to support at 0.00015524. There is a possibility before correcting for lower levels, we can find opportunity for a target trade at 0.00031270 (15%). This can be very risky, you might ALWAYS use stop loss. STOP: 0.0002553 Target: 0.00031270 Manage your stop according to your risk management. This is not financial advice.
Long
by LuanCeli
7
EURUSD 15M PIVOT POINT DAY TRADING STRATEGYSetup chart with - Volume, Pivot standard, Sessions on chart. Step #1: Trade only at the London open or the 8:00 AM GMT. Note* We’re going to use the 15-minutes time frame and trade based off of the daily pivot points. Step #2: Buy at the market if after the first 15-Minutes we’re trading above the Central Pivot Point. Important Note * If after the first 15-minutes into the London session we’re too close to the first support level we better skip this trade opportunity because the profit margin has tightened. Step #3: Hide your Protective Stop Loss 5-10 pips below the Central Pivot. Step #4: Take Partial Profit #1 at Support 1; Take Partial Profit #2 at Support 2 or let 2nd TP run. Step 5 As price hits R2 move SL to PP. As price hits each R level adjust SL to past R level. Note** the above was an example of a BUY trade using the best pivot point strategy PDF. Use the same rules for a SELL trade – but in reverse.
Long
by Tradingstrategyguides
2
AUDNZD 1D STOCHATIC INTRADAY TRADEFind daily pair where Daily Chart 1: Stochastic lines have crossed below 20 level 2: K line above D line 3: K line crosses above 20 level - then 4: Look at 15m chart for swing low pattern 15m Chart - Swing Low Pattern 1st candle higher low 2nd candle lower low 3rd candle higher low Look for 1: Stochastic lines have crosses below 20 level 2: K line above D line 3: K line crosses above 20 level - then look for swing low pattern 4: Buy Stop at breakout of Swing Low Pattern Highest High 5: SL 5 pips below previous swing low 6: TP is a 1x2 risk reward
Long
by Tradingstrategyguides
2
Bitcoin aims to 16k levelsHi! Bitcoin just corrected from 12k up to 0.618 fibb (9700) and made a direct jump to the resistance of the 10600. Although the last fall caused a lot of pain, the chart still presents me with possibilities for new highs, for that we need Bitcoin to break the wedge and stay above 11k in the coming days. I can't fight against the trend and so I'll make a buy on 11k levels. This can be risky, ain't no shame if you got stopped, you might always use stop. Keep it simple. Resume: - Retraced to 0.618 fibb (9700) from last bullish impulsive wave - Bullish Wedge - Trend still Bullish - RSI pointing up Conclusion: - Long Strategy: - Wait for a confirmation and then buy only if we're above 11k levels - Move Stop once the market is in favour Target - 16000 **** Manage your stop according to your risk management. This is not financial advice.
BITSTAMP:BTCUSDLong
by LuanCeli
H1 - Short with valid and ideal APF with a good psych number... A potential bearish and authentic APF Bat 88.6% XA ret within 161.8% - 261.8% CB ext for a short/sell trade opportunity with a good psychological number at price 0.66600 even handle. Aggressive entry with pending sell limit order at the completion and stops just above setup's X point giving us a good 1:2 RRR to TP 1 and 1:3 RRR to TP 2. Conservative upon confirmation to short/sell once price completed the setup and SL and TP as seen in the chart. Could there be one good short/sell opportunity? We will see. Trade with care and good luck in the markets
Short
by TheForexSamurai
Euro / Canadian Dollar - Stop Loss BreakdownEuro / Canadian Dollar - Stop Loss Breakdown The video breaks down the technical confluence factors that were taken into consideration prior to confirming my entry criteria. Remember, there is no such thing as winning or losing in a game that has no end, there is only ahead or behind.\u2028 Finance is a never ending marathon that requires stamina, just because your ahead today does not mean you can’t be behind tomorrow.\u2028 Stay focused and consistent in your approach to every opportunity.
by UnknownUnicorn180388
1
Size Position and stop losses (what’s the effective way?) what’s more effective having tight stop losses with bigger size position ,or having a smaller size position with a wide stop loss? Well as you know in trading every day is not the same. So you can do either or depending on how the day is going.For example if instruments you’re trading is very volatile it would’t be such a great idea to have a big position with a tight stop loss.You may have thoughts of doing it because if you’re able to pull it off you might make some good money fast, but you will have a very high chance of being stopped out. Then that’s when disaster happens most likely your emotions will take over and you will start to revenge trade. For this reason it would be better to trade with a small position and wider stop losses. Now, if the market is a little bit slow you might do the opposite depending on the situation. It really all comes down to the chart pattern, volatility , trends , and so on. Quote: “It’s critical for the crocodile to understand its prey and to know where to look for it and remain calm and patient until it arrives. As traders, we have to know what our trading edge looks like and where to look for it and then control ourselves enough to not over-trade before it arrives. “- Nial Fuller Trader essential from Amazon 1. amzn.to -Tylenol Extra Strength Rapid Release (LOL) 2. amzn.to -Encyclopedia of Chart Patterns 3. amzn.to -Apple MacBook Pro 4. amzn.to -OLLY Goodbye Stress Gummy, 5. amzn.to - Lenovo Ideacentre AIO 520S 23-Inch Desktop Computer (Intel Core i5-7200U, 16GB DDR4, 1TB HDD, Intel HD Graphics 620, Windows 10), F0CU0001US 6. amzn.to Apple iMac (21.5" Retina 4K display, 3.0GHz quad-core Intel Core i5, 8GB RAM, 1TB) - Silver 7. amzn.to -Dell i5680-7813BLU-PUS Inspiron Gaming PC Desktop 5680, Intel Core i7-8700, 16GB DDR4 Memory, 128GB SSD+2TB SATA HDD, NVIDIA GeForce GTX 1060, Recon Blue, Windows 10 64-bit
BITFINEX:BTCUSD
by Red_Rock5
11