Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Taking loss cutting losers managing positions HOW?
does anyone want to mark up a chart with a paint program?
oout of the users of this site only 4 people actually said anything about taking losses..4!!!
how will you get better if you dont participate and think and take on new ideas.
I have a myriad of ideas that are out of the box and workable for profits but it is going to take participation!
I don't want a thanks or a follow i want to see your ideas! let's do this!
I am looking to short russell today once amc starts to sell off maybe around 38 or 39 and boy could i be wrong. i bought some at 9.82 last week. just not enough of course.
back to losses. it feels great to take a loss just get back in the market when it gives you another good signal.
Can you help answer these questions from other members on NexusFi?
I figured out a way to chart my trades. i am going to run dem in sierra chart and click buy mkt after making my trades. cierra hart marks them muchbetter than my traidn platform .
Not sure where you entered if blue line stopped?I guess you just mean if you entered in between that's where your stop and targets were or is that discretionary stops and targets? Just looking for clarification.
@Sandpaddict, the blue is the initial stop and the green are three entries, I add on the way up, not as the trade goes against me. At the third entry i would move the stop to the bottom of that surge (just above the black box) if I planned to stay in, I dont know what this is or what time frame, but the beauty of simple methods is you can just use the candles.
Coming, they can't be denied. Going, they can't be detained.
I had great intentions to trade live ethen punch buy in demo so my trades would be on sierra chart but i didnt do it. way way too time consuming.
long es right now into the close. i took a 3 lot micro earlier in the es.. for an hour it did nothing then i got out at a loss.. was at a 2 point profit and did not take it.. now at a 1 pt profit.
i also got long the NQ on that big drop and as usual i gave a lot back as it sold off. once again trying to trade a bottom screwed me 2x ended up 148 in the micros
i ight trade the afterhours here