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It's a tough balancing act. Platforms do need to moderate content to avoid extremist stuff like hate groups and dangerous posts. I understand Trump's point too... if they go labeling and fact checking his posts,, it's only fair that they should do that for other politicians as well. Where...

Excellent article, solid ideas: https://www.cnbc.com/2020/05/31/early-retirement-millionaire-saved-70-percent-of-income-lives-by-basic-money-rules.html When it comes to trading, my top lessons learned are: small stops, strong charts, position sizing, smart re-entries, timing, out vs in...

Here's the replay video

Agree, good points... 50c is just an example, it depends on the instrument, eg I use much wider trailing stops on TVIX. My biggest winning days have been those with multiple entries to scale in with both hard and trailing stops, eg 4+ trades as it goes up. I use OTO orders and often set...

Hi, no I don't make that daily, that's just for reference re on a good day for me that's my goal is 500-1k for green days and up to 500 in stops on a red day, doing up to a few dozen small daytrades. Overall I'm in the red these past few weeks trying to bottomfish inverses. That's for...

Sure, the main reason why for this as with many strategies is to give myself lots more opportunities to make net profits.... the law of large numbers. I'm fine doing 30 daytrades in a day making $670 net with 18 small stops and 12 wins, for example... it's a numbers game

Stock opens at $19.8 I buy 100 shares at $20.3 I put hard stop at just under 19.8 for 50 shares and use 30 cent trailing stop on remaining 50 shares. Reason is to keep 50 shares alive from lod stop in the money in case trailing stop gets taken out. Also to manage midday reversals...... say...

Back on topic, anyone else combining both hard and trailing stops for daytrading? Example: buy 100 shares of gap runner, use hard stop on 50 shares just under lod, and 30 cent trailing stop on remaining 50 shares

Hi, of course, in my live room we focus on daily gap runners and strong momentum breakouts. Here, a lot of you are smart and experienced so I ask for ideas to help improve where I'm struggling..... I'm grateful for the ideas, it's a journey

I'm overtrading bc I still anticipate a market selloff and I've got fomo. Nothing to do with clients, I just want to make big $ if inverses bounce. Re posts try my free webinars 6 days a week instead, I'm posting from a cell phone which is tough lol

Agree re inverses and low volatility, will try to avoid inverses until VIX gets back over 35. Markets have 2 headwinds next week, China trade war rhetoric and Friday NFP, I'm thinking markets may sell in anticipation.. should be a volatile week... note midday reversals are common

Right, good idea to take it easy, will trade exclusively gap runners and 2dh breakouts on small size. It's a LOT like playing poker, cash hold'em getting rags for hours waiting for something playable imho

Good posts, thanks.... useful insights! Big picture on a related note I've been struggling with choppy markets lately, anyone else? My best recent swingtrade is PENN, but regardless of stop type I've been losing more than winning the last few weeks. Frustrating af.... I'm overtrading, not...

Replay video: Join me every Saturday at 10amET for my popular 'week ahead' 20-minute webinars: ==>> https://trademastery.com/et/ see why 6k traders trust me: Disclaimer: “The testimonials seen may not be representative of the experience of other clients. The testimonials seen are no...

SteveM, great point, I'm the same with swingtrading, I always scale out on ones losing 2day low support, being strict is key. For daytrading I use automated trailing stops a lot, to manage V or A shaped midday reversals

Good discussion topic -- what type of stops do you find yourself using the most? I use hard stops at 2day lows for swingtrading then manually raise them as needed. For daytrading I've found it best to use both, depending on the chart. I'll often use a combination of both, to minimize...

The numbers reported are suspect at best due to differences in what is counted. The most valid number is excess mortality / excess deaths https://www.cdc.gov/mmwr/volumes/69/wr/mm6919e5.htm https://www.cdc.gov/nchs/nvss/vsrr/covid19/excess_deaths.htm

Right re pneumonia is very deadly, a leading cod esp due to dental bacteria etc Re coronavirus it's obvious from recent spikes in dumbass southern states that re-opened early that it's a bad idea. Or high Brazilian deaths re similar push to re-open early. Scientists all say wear masks and...

See each day's hottest momentum charts, plus get smart ideas for your trading! Lively, interactive with Q&A. I'll review live trades I did plus answer questions. I usually start early. For stocks and ETFs. No PowerPoint, no sales pitch bs. Instead look over my shoulder at live charts via...

Initially I'm testing swingtrading today TNA/TZA and GDX/DUST. choppy flat markets don't help though :p