Hold the trade

Discussion in 'Trading' started by Jdesey, Mar 22, 2024.

  1. bublu

    bublu

    Initially i was also getting the same either closing trades too early or getting tagged my SL and then watching the markets moving in the same direction i traded.
     
    #11     Mar 23, 2024
  2. mikeriley

    mikeriley

    Padu, Did you mean the 1 point stop is technically correct for your trading model?
    My tightest stops are set to 25 points for MNQ. You must be using some type of sophisticated high speed algorithm moving at the speed of light. :wtf:
     
    Last edited: Mar 23, 2024
    #12     Mar 23, 2024
  3. Jdesey

    Jdesey

    see... there is some good advice...thankx
     
    #13     Mar 23, 2024
  4. Overnight

    Overnight

    The title of your thread is classic. "hold the trade"

    Like "hold my beer", hehe.

    Kudos on that. :)
     
    #14     Mar 23, 2024
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  5. tomas262

    tomas262

    Why complicate things? Set SL to X and PT to two times X. You can move SL to BE after X open profit is reached.

    Study the market to reach 40% win rate. Your avg trade should cover fees and slippage and have something left after that. Add size gradually. Thank me later
     
    #15     Mar 24, 2024
    PPC likes this.