Certainly. Trader who is scared and/or under-capitalized places their stops where they are likely to be taken out, because they don't have the...
Here's what typically happens: Traders with insufficient capital see the possibility of trading very short term charts with huge amounts of margin...
There is but one correct method of trading for the retail trader. 1. Keep losses small. (Never risk more than 2% of Total Liquid Net Worth on any...
Too much over-analysis here. Looking at your chart, there was one trade that could be held all the way through with a small stop loss.
Markets are extremely easy to trade using simple information like charts. Charts show the way to keep losses small and let winners run. -No matter...
nice bounce off the lows today. Staying long with same stop for now. Intraday trend remains up as long as price stays above 2097.50 RTH
Exactly. This is the first good piece of info in this thread.
Thank you for your sentiment.
Markets will tend to be easy for the traders that use a a very simple approach to them. Buy when price is rising, Sell when price is dropping. Set...
Scott Walker---wins 3 times in 4 years. Takes on unions in a state where unions were born. Believes in lower tax rates, lower spending, strong...
Poker is much more difficult than trading. Trading is extremely easy.
Intraday trend remains up as long as price stays above 2097.50
--02/02/15 Monday afterhours PM. Closed the trade here at 2012.75 and have reversed long here at 2012.75. Initial stop is 1968.75 during RTH....
Actually they are. Here is what one needs to know. Limit losses to less than 2% of TLNW on anyone trade/idea. Let the winners run when right....
No---If it makes sense to take some of the position off, it makes sense to take it all off. You'll need the trades that are winners to run fully...
This is a recipe for disaster. You should be aiming for 3 to 1 reward to risk at a minimum. That way, you get rid of all the over-analyzing and...
and that's fine. I know what is correct however.
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Prices can move a great distance on low volume. Prices can move a great distance on high volume. Prices can move a great distance on no volume....
You've just made my point about it being a way to be safe. Here's what is more correct. Trade directionally with proper position sizing.
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