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Everything posted by mg1193
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Ego and fear have their own problems, but hope is the worst.
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[es] Stop Losses: Help or Hindrance?
mg1193 replied to AuctionMarket_Trader's topic in E-mini Futures
For Futures always have stop in place. For stocks no market stop loss. In majority of studies 7% stop loss return is equivalent of no stop loss account. -
Futures with good volume YM, NQ, ES and EUR and corn.
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Stop losses are always welcome in a trader's daily life. Without it a trader can not stay in this game.
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For intraday trades always hard stops. For swing trades mental stop may work.
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Welcome jhellie. This site offers more than some paid sites and forums are phenomenal.
- 2026 replies
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- automated trading
- beginner
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- day trading
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- es-emini
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- fundamentals
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- intro
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- java trading at
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Looking for a Concept of How to Detect Swing Highs and Swing Lows
mg1193 replied to a topic in Beginners Forum
For swing high and low I have been using Fibs .272 and .618. Most of the times (70-80%) it helps with my targets. -
Paper trading is good to learn the platform. This will avoid silly mistakes of buy and sell. Paper trading will not help with psychology of trading and money management. In paper trading I used to double the account in one to two weeks, but when real money is at stake hesitation kicks in to pull the trigger. To learn trading have real money account and take only extremely small positions.
- 2026 replies
-
- automated trading
- beginner
-
(and 76 more)
Tagged with:
- automated trading
- beginner
- bethlehem pa
- binary options
- binary options trading
- capitalization
- charlie mckelvey
- commodity stock tips
- commodity tips
- contrarian positions
- currencies
- day trading
- daytrading
- equity tips
- es-emini
- etf
- finance
- first day
- foreign currency
- forex
- forex accounts
- forex analysis
- forex forecasting
- forex trading
- forex webinar
- fundamentals
- furniture
- futures
- futures trading course
- international trade
- intro
- introduce
- introduce yourself
- introducing myself
- introduction
- investment
- java trading at
- learn forex trading
- london
- market analysis
- market forecasting
- markets
- momentum postions
- money
- money trader
- money trading
- new member
- newbie
- news
- options stocks
- philippines
- price
- price action
- price action trading
- real time
- sierra chart
- start
- startegy
- starting
- starts
- stock analysis
- stock education
- stock market beginners
- stock tips
- stocks and options
- stocks to watch
- system
- trader
- traders lab
- trading
- trading analysis
- trading live
- trading plan
- trading strategy
- univeristy of texas
- vinayak trader
- volatility
- volume
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Agree with you. After few days of following plan human brain starts wandering and result is bad day. Trying to pinpoint the cause, for this few weeks. What is helping is typed up rules next to monitor.