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This has always been the problem with this site. Everybody has a friggin' opinion (too many damn ADHDs) that has nothing do with what the OP asked or stated. It's not even funny anymore. :rolleyes: Stay on topic, folks! (or get some help.)

Good point. The only reason why you should monitor SMA(200) is because mutual fund managers follow them. Well, according to CNBC.

Good fortune? The fact is The more that you practise, The harder you sweat, The luckier you get. Ideas? We've had'em Since Eve deceived Adam, But take it from me Execution's the key. The money? Just pester A likely Investor. To get what you need You toady to greed. The talent? Go sign it. But...

“Talk sense to a fool and he calls you foolish.” ―Euripides “The method by which the fool arrives at his folly was as dear to him as the ultimate wisdom of the wise.” ―Oscar Wilde

Yes, it would have been filled. What matters is the "last price" of each tick.

Must you quantify everything into $$$? Couldn't you have simply said that Musk wanted to leave a lasting legacy for his children that there's more to life than mere success and material wellbeing?

-4 Flip short 61.25 sl 65.50 pt 51

-2ish Flip long 65.25 sl 53.50

Flip short 63. Damn F-ers, they did it again, reversing on me at 63. :finger: (that's not a thumb btw)

L 64.75 Flip 63 or 72

Who does not like a piss contest from time to time? It's what spices up our otherwise monotonous life. :finger:

As my old man used to say, it's not the size of your dick that matters, it's all about the strategy. :cool:

For what???

Thanks for the feedback, but 10 points was just an arbitrary number I chose as an example. It could be higher or it could be lower. But the underlying premise is that you should adjust your lot size based on the max risk taken for each trade. I am currently not trading this way but something...

WTF??!!! cnn.com Moderna unveiled encouraging coronavirus vaccine results. Then top execs dumped nearly $30 million of stock New York (CNN Business)Moderna's stock price skyrocketed as much as 30% on Monday after the biotech company announced promising early results for its coronavirus...

Well, either it's one or the other....or one of them is trying to pretend it's from the other. Who knows? :rolleyes:

Let's not play word games. You know exactly what I mean by "bad entry". :D Bad entry is when risk is greater than reward, eg. fading the strong trend. (Yeah, yeah, I admit, I do that as well :banghead:).

I've been thinking about position sizing lately and have wondered if I could peg the size to max risk per trade. For example, suppose my max risk is 10 points per trade. If I enter a trade at 2950 with the stop loss at 2945, then my max risk is 5 points (10 divided by 5 is 2), so I will enter at...

You mean the size you can afford to LOSE.

NO MATTER HOW GOOD YOUR RISK MANAGEMENT IS, IF YOUR ENTRIES ARE BAD YOU WILL ALWAYS LOSE MONEY. I think that is a sound principle. Dontcha think?