Do you use a stop or no?

Discussion in 'Trading' started by EliteTraderNYC, Nov 16, 2013.

  1. cornix

    cornix

    Right. If one is paranoid about having outright order in the market, using synthetic order can be a way to go.
     
    #31     Nov 18, 2013
  2. you get it!

    you get the leverage, plus, you still have the control.

    if you want to hit big, use leverage is a must. but do not borrow money from soneone who can have condtions on this borrowing, use the borrowed money to enter a position, then the lenders want money back immeadiately, that is a disaster.

    smart people are the same! only fools are different!




     
    #32     Nov 18, 2013
  3. that's so mean, Donna :D
     
    #33     Nov 19, 2013
  4. I was implying that 4-4:15 pm timeframe is a stop for intraday time period, so for ES that leaves max loss of any day within the past 20 years about 8% or so.
     
    #34     Nov 19, 2013
  5. NoDoji

    NoDoji

    Willie, don't tell me you never did that!!!

    :p
     
    #35     Nov 19, 2013
  6. jnbadger

    jnbadger

    She's very bad.
     
    #36     Nov 19, 2013
  7. I don't trust stops, they tend not to trigger for me in the past, any fast price movements will blow past my stop. I would rather manually exit, however you will have to be disciplined enough to do so.
     
    #37     Nov 20, 2013
  8. 15%

    15%

    For me support and stoploss should match and should never be more than 3-4 % max. It works on paper. Have yet to play live...:D
     
    #38     Nov 20, 2013
  9. cmb

    cmb Guest

    I dont know what products u trade. But I think that if a price moves through your stops so fast that it doesnt trigger or work properly, I doubt that you will have success manually exiting either. Just my opinion. I always put a stop in...its also easier to manage other positions with a stop in.
     
    #39     Nov 20, 2013
  10. zdreg

    zdreg

    you probably put in stop limit because you don't trust your broker.
     
    #40     Nov 21, 2013