How To Never Lose Money On A Trade

Discussion in 'Trading' started by Clarence416, Jul 27, 2016.

  1. Jamie J.

    Jamie J.

    Get away from stress and risk, don't let emotions take possession of you, don't listen to the analysts and deeply analyze market move.
     
    #21     Jul 29, 2016
  2. vanzandt

    vanzandt

    "Never short a stock hitting all-time highs".

    Duhhhhh.

    I forgot that one today. @#$$$##@$
     
    #22     Jul 29, 2016
    victorycountry likes this.
  3. I wish I could talk about in fundamental way but my knowledge has not reached that level.
    At the moment, that's exactly what's happening to EUR on FX market.
    Last few days I made some profit by shorting on pullbacks but I knew I could only play it for very little time.
     
    #23     Jul 30, 2016
  4. Humpy

    Humpy

    That old saying " go with the trend " only works if the trend keeps going. By the time the average Joe notices a trend and gets in, it is probably about to reverse. So going against the trend is a possibility but only sometimes works.
    The trick is to know if the trend is about to reverse or not.
     
    #24     Jul 30, 2016
  5. The only way to do it is via insider trading. No legitimate trader or trading tool can be 100% accurate in their predictions. As a matter of fact, it's perfectly fine to even lose MOST of your trades as long as the remaining winning ones make up for those losses.
     
    #25     Jul 30, 2016
  6. Humpy

    Humpy

    Accountants obviously have a big advantage here but would be in trouble if they got caught.
     
    #26     Jul 30, 2016
    ActiveTrader07 likes this.
  7. Just opened a Tesco's Chicken Jalfrezi curry with not even a micro piece of chicken in it.I have another in the fridge I'll open on video and if there's a repeat....
     
    #27     Jul 30, 2016
  8. Handle123

    Handle123

    About only pattern that works fairly well at highs/lows is Head & Shoulders, breakout of right shoulder's highest low. But if it doesn't drop fairly quick, get out at breakeven. Some only become a retracement only to go a little higher than drop, by then MACD is usually showing divergence.
     
    #29     Jul 30, 2016
  9. SunTrader

    SunTrader

    About the only one that works fairly well at highs/lows ... for you
     
    #30     Jul 30, 2016