Are you using a small position so as to not be wiped out or do your indicators generally "stop" you out before you lose say 20% of portfolio.
It seems to me that you would enter an order to exit as a spread trade where you use a limit order and the legs are executed at your aggregate...
A decent bearish divergence has just formed on hourly ES charts with MACD histogram and RSI . Lower from here?
when you don't use stops, do you have a mental area that you intend to get out or only when your indicators show that the move will continue in...
decent bearish divergence on the hourly ES charts just formed
ok--so you wait for entry that enables you to do that. Is that area generally at the top of congestion or outside it as well from your...
When you say "outside the noise" , what exactly does that mean. Let's say if you were looking to short--
Are there any traders on ET who don't use stops? If so, what is your rationale?
This is the toughest part of any trade for me-- we are right at the 20 hr MA and I have to decide if it is going to bounce or go thru
Yes I agree , a smaller position keeps you in the game. I think the losses are what need to be managed and the winners take care of themselves...
what is the technical term for this type of position ? Ratio Spread albeit a strangle?
Do you skip trades then that aren't within budget and if so, is that a difficult decision especially when you feel strongly about the potential?
How many at ET set their stop loss according to the charts/market and how many set it according to their account balance? What is your particular...
Bollinger unbelievably tight on hourly charts. There will be a breakout in some direction in the near future. Good thing I have the tight stop on
This looks to have a bearish bias at first glance--Are you banking on selling the 113 put for intrinsic value at expiry and thus the market...
stop is at 1286.50
stop is at 122.40
I still think the simple answer is that he is looking at prices intraday when the legs may have traded at different times etc.
Long GEC at 122.80 this morning. Will look for area to sell and go short
Long GJY at 86.83 this morning
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