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Search: Posts Made By: tr8er

Forum: Psychology and Money Management

February 7th, 2020, 10:02 AM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

Hi, for Crude I cancel the order after 10 ticks...

Hi, for Crude I cancel the order after 10 ticks or if a new candle occurs (what happens first), otherwise I wait.

Forum: Psychology and Money Management

January 10th, 2020, 11:59 AM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

IMHO, if the trade is at 1/2 of PT, the stop...

IMHO, if the trade is at 1/2 of PT, the stop should be at least at b/e

Forum: Psychology and Money Management

January 10th, 2020, 03:35 AM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

I mostly trade pullbacks in a trend (at least...

I mostly trade pullbacks in a trend (at least intraday trend), so 10-20 ticks works fine.

CL has nice moves, so it's better to trade less and let it run, best example are your 3 trades (posted...

Forum: Psychology and Money Management

January 10th, 2020, 03:30 AM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

Yes R:R is Risk:Reward 1:1 is good if you have a...

Yes R:R is Risk:Reward 1:1 is good if you have a good win-rate, but 1:2 would be great (I know easier said as done :sarcastic: )

Forum: Psychology and Money Management

January 9th, 2020, 03:32 PM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

Try to switch the R:R CL has nice moves If...

Try to switch the R:R CL has nice moves

If you risk 15 to 30 ticks to make 10 ticks you need a lot of winning trades:)

Forum: Psychology and Money Management

January 9th, 2020, 02:17 PM

Replies: 21

Trading 1 contract: Trailing Stop or Profit Target

Views: 5,646

Posted By tr8er

How much will you risk? For CL, I've also 2...

How much will you risk?

For CL, I've also 2 strategies, it always depends at what time and level.

1: 20 tick PT and 10 tick SL, if it moves 5 ticks in my favour, SL jumps to -5 ticks and stays...

Showing results 1 to 6 of 6

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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