What are some of the stocks screens you guys are using? I was using a screen that gets the best performing stocks over the last 3 months, but it seems I'm catching more whipsaws and false breakouts than anything. Or am I just keeping my stops too tight - I don't want to hold stocks that aren't...
Damir, you probably can't figure out how I trade now, because I use so many different strategies - not even I can figure it out sometimes - hehe.......... The only hard firm strategy I won't change no matter what is a solid money management strategy... For example I won't take trades where the...
Well, the forum said my chart was too big, I don't know how to downsize a JPG........
Anyways - I'll post the trade..........
5/27 - I entered trade at 17.70
Stop loss was set at 17.30 when trade was initially placed
6/4 - I sold half my shares at 18.74
This was based on the obvious...
Now, I'm getting thoroughly confused...:confused:
How is using a trailing stop to maximize gains picking a top? To me it's doing the exact opposite.... I use a trailing stop because I don't know where the top is. I have threshold in place to stop me out if it drops.......
When I enter a...
RAMOUTAR SAYS:
Youâre not putting caps on the gains, the cap is there already. Support and resistance is what throws obstacles in a price move. Yes, stocks will rip through many of these zones with ease and very little difficulty and thatâs where traders get seduced and sucked into the idea...
RAMOUTAR SAYS:
Youâre not putting caps on the gains, the cap is there already. Support and resistance is what throws obstacles in a price move. Yes, stocks will rip through many of these zones with ease and very little difficulty and thatâs where traders get seduced and sucked into the idea...
1) A Realistic Trading Plan - How does one go about developing this plan? What I'm saying is - when you started trading at what point after all your studies did you decide, this is my plan I'm going with and I'm going to stick with it....
A trading plan I agree is essential to success... A...
I know when I make a trade, I always have and EST. I agree with not changing your EST during the trade for a couple of reasons. If you change your target or your stop during the trade for whatever reason. What will stop you from doing it next time? This leads to undisciplined trading......
I...
I am new to posing in the forums and trading(2 years). I have been lurking and doing searches here for a couple months and am glad I found somewhere where successful traders meet. I have even seen a couple names I've recognized from books I've read.
Little about myself:
I got involved in the...