Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.
on the ledge
-
Content Count
3 -
Joined
-
Last visited
Everything posted by on the ledge
-
Tradewinds, thanks for the feedback. So far I have been very disciplined about not averaging down. ( My employer would axe me if I wasn't) What I was referring to (this may not be the correct terminology) was layering into a position. ie: I am going to trade stock xyz and the indicators have shown support at $13.50, rather than placing a 300 share order at 13.50 and risk not getting picked up I would layer my order in for 100 shares at 13.52, .51, and .50 with a .03 stop loss keyed up, ready to punch out of the trade if the stock tanks. Again, I have only been trading for a month and may not be using the correct terminology in this case but would appreciate any more feedback you may have.
-
Hello, as a new trader (just recently started trading 300 share lots) I was hoping to get some feedback from the pros as to what you look for when layering into positions.
-
Introduce Yourself Here - Don't Be Shy!!
on the ledge replied to trading4life's topic in Beginners Forum
Hello, I am a new trader (one month) with a prop firm and wanted to join a forum group to learn as much about the trade as possible and make new friends in the community.