Agree. Modify your time frames to suit your stop loss. Don't think of eating daily profits when your stop is of 15 mins.
I have just roughly 15 k capital. Longed Dow 16381. going in again if it hits 16546. I play only 1 lot each time.
Really depends on the risk threshold, some plp has more some has less.
Ride losses to profit and profit to more profit. As long as within threshold.
The holy grail is that there is none.
entry point is not important as the directional move... If you get in late/early, and with a reasonable stop, u still make $$ in the right...
If u trade with a 1 pt stop and 4 pt move, its reasonable. If you trade with a 8-12 point stop, u better look for 20 pt moves. that's what I...
why not decide on how long u gonna hold? then decide on the stop? obviously if u have little capital u cannot hold long, if u got slightly more, u...
I have a definite stop and I can shift my stops to trail profit. I can ride a profit into a loss, but I can ride a loss into a profit, so long...
____________________________________________ Wow, you look so uncomfortable trading. For me, I can hold a position for days or weeks. I have a...
I ride winners all the way and add and trail stops, sometimes, many gnomes, my winners turn losers.only such times I hope I am not max pyramid.
Be greedy and pyramid aggressively.
My breakthrough is contrary: Be greedy, very greedy. Ride and pyramid aggressively It's the large moves that make $, stay with it. Be greedy!!
Separate names with a comma.