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LegalPimp
LegalPimp Jan 23, 18 2:12 AM

i feel you brother.... my biggest losses are normally after i have had my best gains.....something to be mindful of.....protect those gains

tappingtapp
tappingtapp Jan 23, 18 3:45 AM

@LegalPimp your comment reminds me a of a quote by Connor McGregor "You sleep on a win and you'll wake up with a loss", I think its a good quote because it reminds me to stay humble every day in the market. I still have a long way to go but Its a good quote! :)

Aries
Aries Jan 23, 18 3:25 PM

Thanks folks!

LegalPimp
1
LegalPimp Jan 24, 18 2:42 AM

funny you mention connor mcgreggor.....i am a huge mma fan and a certified referee for the state of iowa

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YawnAlot
YawnAlot Jan 17, 18 2:12 AM

Dang bro, dont try to fight revenge trade either. Just take it as a bad casino day. Start implementing stops before u get in a trade. Find the percent difference between ur entry and ur stop and choose an amount ur willing to lose if your stop gets hit. Divide the amount ur willing to lose with the percent diff and that will tell you how much $ u can enter the trade with. Try to enter right at support so u can risk very small percent. Dont be afraid to have wider risk with less size. Bet small a

tappingtapp
1
tappingtapp Jan 17, 18 2:26 AM

I don't know how long you've been reading but I would recommend to go in small for the first few months and average up your winning % 50%-70% and then go in bigger. Thats my goal right now as well, stick to 1 patter and master it. also buy at weakness and sell into strength that way you minimize you risk level and let your winners run. I need to practice these thing too.

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tappingtapp
tappingtapp Jan 16, 18 11:28 PM

thats happened to me multiple times in the past around this time. I believe that their are working on some software. It always works the next morning though.

nickgaud19
nickgaud19 Jan 17, 18 12:17 AM

ive has this happen a lot. probably 9 times out of 10

tappingtapp
tappingtapp Jan 17, 18 2:28 AM

I do, right at this moment its not working, I normally get up 1 hour before market open and it is working by then.

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YawnAlot
YawnAlot Jan 05, 18 2:55 AM

Also learn to plot ur resistance and support. if ur buying try to buy as close to the supportline as possible. Risk an amount you're willing to lose at the percent to your stop. That way every trade will be calm and you will think clearly.

tappingtapp
tappingtapp Jan 05, 18 3:30 AM

@yawnabit Yeah, Ive been making the mistake of buying onto strength but im will stop doing that and also be very detailed with my risk % and $. Thanks for the suggestions!

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NATDIAM
NATDIAM Dec 07, 17 4:21 AM

if the first answer is right this means that you can only open and close a day trade ONCE every 5 days, because the last day trade in useless if you can't close it

Drgeske1
Drgeske1 Dec 07, 17 5:57 AM

It doesn’t count as a daytrade if you hold it overnight.

Kody
Kody Dec 07, 17 9:13 AM

you should check with your broker. it seems each broker interprets it and has their own set of guidelines. Example: my margin account at IB - once you use all 3 day trades you no longer can open a position for overnight or swing. So essentially I'd always have to save a day trade in case I wanted to overnight a stock. if you have cash account there is no PDT requirement. Hope that helped

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