Requesting advice on how to stop moving my stop loss order?

Discussion in 'Trading' started by David M21, Jul 29, 2018.

  1. speedo

    speedo

    Moving a stop is not a "mistake". A mistake is going short when you meant to go long. Moving stops is a result of lack of discipline, it is poor behavior and had to be eradicated before you go broke.
     
    #11     Jul 29, 2018
    greg500 and David M21 like this.
  2. Moving stops to hope for a turn around is trading like an amateur. Stop trading until you fix this. You are having a bigger problem than you realise.
     
    #12     Jul 29, 2018
  3. MarkBrown

    MarkBrown

    one word son percentages - yes percentages is the future and don't forget it. lol
     
    Last edited: Jul 29, 2018
    #13     Jul 29, 2018
  4. Chewy

    Chewy

    Google "trading never losing method"
    the first response back begins with
    "100% Guarantee you will never lose a single trade"
     
    #14     Jul 29, 2018
    MarkBrown likes this.
  5. monee

    monee

    Very true.Moving your stop will work a large % of the time if you are in a range bound market and your moving the stop to slightly outside the range if it was inside the range before.The problem arises when the breakout was real and the market trends ..then you lose big.
     
    #15     Jul 29, 2018
  6. What is the largest one day drop or rise in the ES over the last "period of long time"?

    ES

     
    #16     Jul 29, 2018
  7. monee

    monee

    2/5/18 ES HOD 2771,LOD 2616.26,OPEN 2758.75,CLOSE 2682.00
    I didn't go back further.
     
    #17     Jul 29, 2018
  8. I am practicing and just realized I am trading incorrectly.

    ES

     
    #18     Jul 29, 2018
  9. Call your broker to see if they can implement on their back end. It will fix the issue. Daily stop loss and trade stop loss.
     
    #19     Jul 30, 2018
  10. You realize don't you that you're asking the board, "how do I make myself do the right thing"?

    Doubt any of us have an answer.
     
    #20     Jul 30, 2018