@MarkBrown - Please move to Hungary. :D
While you are experimenting, since (I believe) you have a strategy with a 60% win rate, using an R:R of 1:1, if averaging in on the same trade is...
Velocity Logic Event
Right, but if you don't use a stop, you have to be willing to HODL; otherwise, it's Death Valley! lol
Since you were trading the Q's, that experience is where @wxytrader would have told you to just HODL and wait for the recovery. :)
I think that was the day and time we had a velocity logic event happen in index futures -- everything dropped like a rock and virtually all longs...
I'm not the one to ask. I'm still trying to get all this figured out, as well, using the ES micros.
He was gigging you because the answer to your question appeared obvious, which is a sign you might be a troll. lol But I know you aren't.
No. PR got way too expensive on everything. I'm now buying the NOW brand from VitaCost (I think VC is owned by Kroger). VC has BOGO deals, or...
No shit!? lol You asked a question with an obvious answer.
Just hold on... he'll be back under a different name before you know it! :)
Right. It would be a fucking nightmare scenario for retail day traders... as it was for the OP. However, other than interest rate decisions, it's...
What happened to the OP is right there in the GPT breakdown I posted earlier.
I don't know much about hedging, but I suspect it's not affordable, nor feasible, for the average retail trader. If your account could handle the...
From what I can tell: If you have an open position and are on the wrong side of a velocity event, without some type of hedge, you can't protect...
According to GPT: What Happens to Stop Orders in a CME Velocity Event? If the Stop Order Triggers Before the Event: Once triggered, a stop...
According to the link I posted, your stop is going to get canceled during a velocity event -- like it or not. Even if the broker revived the OP's...
The stop order was definitely canceled. Once an order is canceled, that's it, it no longer exists. The only way it gets resent is from the trading...
I fully agree, but it's still important to understand the mechanics of what happened. If, for no other reason, than to drive home the danger to...
You are probably correct. There was a velocity event. The OP's stop was canceled. The broker resent the stop order after the velocity event...
Separate names with a comma.