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Thank you for all of the replies everybody. I think the catastrophic stop would be my best option; then using mental stops for escapes thereafter based on the price action. Just trying to get all my ducks in a row this time before going at it again. I used the catastrophic stop before as well...

Hello. Would anyone mind sharing how they avoid being stopped out in futures trading? It's hard finding a balance on safety for a stop loss that isn't close enough to be stopped out while also not setting your stop loss so far out that you're shooting yourself in the foot. I got eaten alive...

Ya that's what Tomorton and I were just touching on. That's my plan I have decided to use for shorting and earnings reports. For the long trades I plan to use 1-2 well managed and 1+ mill volume traded small cap oil companies I keep up with. And you are correct, I found 2 specific ETFs that...

Wow, that's very savvy thank you. Probably more than I am capable of as a technician. I started brainstorming and began searching oil ETF's to see which might come close to the specific stocks I follow. After a bit of digging I did manage to find 2 different ETF's that closely mirror the stocks...

Ya, lost $15k trading futures. However, the education I gained from such a substantial loss was worth it. On a side note, OP you lost less than a grand, live with your parents and no bills, and even get to claim your own taxes (which you will be carrying forward this loss for a very long time...

Probably a dumb question, but I have a particular company I buy and sell short on currently. Though I've recently read in several places it, listed with other companies, could be potential buyout candidates because of how well they run their company (I trade within the oil industry market)...

EIA report drops 8:30am at market open with a less than stellar API report yesterday after close which is usually like flipping a coin on its accuracy. Still feel it outperforms the market and heads towards $25. Currently closed at 19.49 but hit 19.82 AH after earnings dropped. Was $11.10 on Aug...

Pump and Dump

Just as well. It dropped 2.5% after I sold it. I bought in to CRZO and made 4.11% after that so I'm inching my way up.

Well I may have allowed you naysayers to spook me out coupled with global market uncertainty. I went ahead and sold that position +2.55%, so at least I made a tiny profit from it.

Ya, but as I stated earlier, the recent gap down was in response to the CEO announcing his retirement. This same [retiring] CEO will be remaining on the board of directors and bought almost a million dollars worth more shares of TWNK stock just prior to the end of the quarter whose results will...

Sorry, I should have stated this in terms of TA and not investment. From a TA perspective it is a good time to jump in being in oversold territory on both daily and weekly charts. Granted, I added in a couple of fundamental nuggets to spice it up.

You're basing this on what? Polls conducted by the same pollsters that said Hillary would win in a landslide? That BREXIT wouldn't happen? So you think people are gung ho about ACA that is doubling and tripling their premiums? How about now that no more tax backed subsidies will be flowing into...

Bought a small position in TWNK. Oversold on both daily and weekly. Big drop early October because CEO stated he was retiring. Same CEO bought about a million dollars worth of shares in September. 25% of ownership is corporate insiders.

If you think this is how government works then you clearly have zero understanding of government. First off, the "majority" hails from about 3 states. Under your lackadaisical logic 3 states should be governing 47 states. Hence, the reason for the electoral college. No one wants socialist...

Sweet. Thank you.

I keep up with multiple ETF's from different sectors as it would be be pointless to trade similar stocks withing same. I'm taking from your answer that diversifying for short term trades wouldn't be something you'd advocate?

Maybe I'm just being cheap, but do other short term/ swing traders diversify among a few given stocks (2-3) when they swing trade or is it in and out of a select stock they have done their DD on and feel is a winner? Curious if that is the better route in case of a bad call to help hedge? Thanks...

Ahhhhh ok thank you very much. I had it backwards thinking that was how much the dollar was worth compared to the Euro. Appreciate the help.

I'm still learning a lot when it comes to trading, and studying a lot on relationships between certain commodities and the USD. I'm sure I am missing something or just clearly do not understand this aspect of the forex market specifically pertaining to EURUSD, but I always assumed that an...