> Break-Out Bar Trades - that go bad ... - Traders Hideout | futures io social day trading
futures io futures trading


> Break-Out Bar Trades - that go bad ...
Updated: Views / Replies:2,251 / 4
Created: by Trader8s Attachments:3

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

> Break-Out Bar Trades - that go bad ...

  #1 (permalink)
Elite Member
fort lauderdale
 
Futures Experience: Intermediate
Platform: NJ
Favorite Futures: futures
 
Trader8s's Avatar
 
Posts: 7 since Oct 2012
Thanks: 25 given, 6 received

> Break-Out Bar Trades - that go bad ...

How many traders have gotten TRAPPED in fast break-out bars, that look to good to resist - - you go in at market -
to find yourself in a loosing position and Expecting it to move back to break-even to get out?




Veiw Examples:

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


Last edited by Trader8s; November 23rd, 2012 at 05:04 PM.
Reply With Quote
The following user says Thank You to Trader8s for this post:
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Market Wizard
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,760 since Oct 2009
Thanks: 3,141 given, 4,648 received
Forum Reputation: Legendary

Breakout-pullback-continuation

Answer
This post has been selected as an answer to the original posters question Answer


Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).

Reply With Quote
 
  #4 (permalink)
s=k. log W
Toronto, Canada
 
Futures Experience: Beginner
Platform: NinjaTrader
Broker/Data: AMP/CQG
Favorite Futures: Natural Gas
 
0bl1vion's Avatar
 
Posts: 28 since Jun 2012
Thanks: 16 given, 11 received

Answer
This post has been selected as an answer to the original posters question Answer

Been there, done that.

When I first started out with forex several years back this would be a major psychological issue for me...

I would often "revenge trade" in a market that is clearly moving against my bias.

I learned to avoid this by forcing myself to stay on the sidelines during directionless sessions and trading only with the trend when there is direction.

Reply With Quote
 
  #5 (permalink)
Elite Member
fort lauderdale
 
Futures Experience: Intermediate
Platform: NJ
Favorite Futures: futures
 
Trader8s's Avatar
 
Posts: 7 since Oct 2012
Thanks: 25 given, 6 received

Here 0bl1vion called it in his post above - Print This Out - and post it on the wall =

"Stay on the sidelines during directionless sessions .. and trade only with the trend when there is direction"

Reply With Quote

Reply



futures io > > > > Break-Out Bar Trades - that go bad ...

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

September Journal Challenge (sponsored by TopstepTrader)

September

Free Elite Membership: Twitter Tuesday and Facebook Friday!

Tue & Fri
 

5 Top Traits of Market Wizards w/John Hoagland @ TopstepTrader

Sep 25
 

Breaking Down an Equity Trading System: Step-by-step w/RandBots

Sep 27

Anthony Drager (TBD)

Oct 4
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
How do I break a bad habit samurai Psychology and Money Management 21 April 16th, 2016 04:43 PM
BLUELINE DELIGHT >>>Intraday Trading Strategy Guide<<< Gabriyele The Elite Circle 407 May 30th, 2013 07:29 AM
‘Flash crash’ rules made Knight keep bad trades liquidcci Traders Hideout 2 August 8th, 2012 09:57 AM
Bar Counter For Line Break Bar Type Eagle01 NinjaTrader Programming 8 April 1st, 2012 11:29 PM
Filter bad Trades for RSI Bot jkpdon Elite Automated NinjaTrader Trading 4 February 29th, 2012 01:14 PM


All times are GMT -4. The time now is 10:38 AM. (this page content is cached, log in for real-time version)

Copyright © 2018 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2018-09-26 in 0.12 seconds with 23 queries on phoenix