Jlkand
Jlkand May 11, 18 1:30 PM

if I was you , I ll stop trading , and Study more, and more and more, then back trading

NOOB3275
NOOB3275 May 11, 18 5:22 PM

i think you will be better soon, but learn quick how to cut your lost, Like Tim and other great traders here they know how to get out

Jlkand
Jlkand May 12, 18 10:47 AM

yeah... don't be too confortable on a losing position, CUT IT QUICK !

ren108
ren108 May 12, 18 4:15 PM

thanks for sharing...

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Craigtradesthis
Craigtradesthis Feb 10, 18 10:17 AM

So, went on a week long or so hiatus to read and learn in an effort to stop overtrading and chasing strength or weakness. I have never traded 100k in one position! I think it has something to do with my trade imports, which I am still getting used to. My swings have been fine I guess. my biggest issue has been setting risk/ reward that is suitable to me. I want only very high reward to risk as I'm sure everyone does.....The only issue is I have a hard time setting levels for risk reward that all

Craigtradesthis
Craigtradesthis Feb 10, 18 10:18 AM

that allow me to make a few grand without risking over a grand.....and I'm trading for a living so its hard to just say "wait for the good plays" and "don't trade everyday".

maherc12
maherc12 May 17, 18 4:02 PM

I have found that trading only the stocks with big volume and volitility is best. When the bollanger bands go vertical, big volume comes in and price is pushing above the 9 EMA, trading is fun. Good book- The Trading Book by Anne-Marie Baiynd a pro tading coach. I have been struggling with poor entries, so I am playing only the best setups.

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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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whilechukwuzout
whilechukwuzout Jan 17, 18 12:53 AM

I like the idea. Used to do that all the time with a local group from my car forum. No idea where HTX is though lol.

othealpha
othealpha Jan 22, 18 11:15 PM

@whilechukwuzout Thank, I got the idea from old business mixers I used to attend. HTX = Houston, TX. I know we're a world wide community, but doing what Sykes does at a local level can help out with working out some of the kinks in our own trading strategies as well.

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simsdaytrade
simsdaytrade Jan 15, 18 10:47 PM

It just barely broke its 3 month resistance of 7.85 and there is a lot of volume, EMA line is well below, MACD says it will keep rising, I think it could be a good buy! Thanks for sharing!!!!

simsdaytrade
1
simsdaytrade Jan 15, 18 10:51 PM

When I mean a lot of volume, I am not talking about the number, but I am talking about volume increasing up until now

whilechukwuzout
whilechukwuzout Jan 15, 18 10:54 PM

Yeah theres been a big step up in volume since 12/19 and it has been holding. Don't really know how to read MACD yet but I'm gonna check into that lol.  

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