Jump to content

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.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

AbeSmith

8/13/07 General Trade Log / Idea Sharing

Recommended Posts

Trade 6: -19. Internet went out and stop did not go through. Had to exit with market order after reconnecting to internet.

 

Abe,

Looks like that time, the red hammer was a good long signal there. Just an observation.

Share this post


Link to post
Share on other sites
Abe,

Looks like that time, the red hammer was a good long signal there. Just an observation.

 

You're right. But when I entered the trade it wasn't a red hammer like that. It took a sharp drop, which seemed to me like it was going to drop big, so I quickly shorted. Was a bit impulsive.

Share this post


Link to post
Share on other sites
You're right. But when I entered the trade it wasn't a red hammer like that. It took a sharp drop, which seemed to me like it was going to drop big, so I quickly shorted. Was a bit impulsive.

 

I would suggest that when trading on a ONE minute chart, you can afford to wait for the close.

Share this post


Link to post
Share on other sites
Guest cooter
Trade 6: -19. Internet went out and stop did not go through. Had to exit with market order after reconnecting to internet.

 

Looks like you learned a lesson regarding stops with this trade.

 

2334d1187029061-8-13-07-general-trade-log-8-13-07t6.jpg

Share this post


Link to post
Share on other sites

Trade 9: +8. Premature exit. Again, I think I would not have exited completely had I had more than one contract. Probably would have exited 1 contract and set stop to break even.

8-13-07T9.thumb.jpg.01aaeae4a57e2e8c2b42299214e205fa.jpg

Share this post


Link to post
Share on other sites
I would suggest that when trading on a ONE minute chart, you can afford to wait for the close.

 

Waiting for the close of a candle was one of the biggest things I ever learned. Simple enough, but amazingly powerful.

 

Thanks guys. This is solid advice.

Share this post


Link to post
Share on other sites

Abe, do you have a drawdown rule in your trading plan? Like you can only lose so many points or $ before you shut down for the day? I have a daily loss limit in place thats there to tell me I'm not i sync with the market that day.

 

Whats yours? Cause you exceed what mine is quite often.

Share this post


Link to post
Share on other sites
Abe, do you have a drawdown rule in your trading plan? Like you can only lose so many points or $ before you shut down for the day? I have a daily loss limit in place thats there to tell me I'm not i sync with the market that day.

 

Whats yours? Cause you exceed what mine is quite often.

 

Yes Tin. I do have a drawdown rule. It is 2% of my account balance. So if I start out with 10K it will be $200, which probably when I start trading for real it will be with 10K. But today I broke that rule because I'm paper trading so I wanted to get some training. But I think I should follow the rule from now on to make the paper trading more like real trading.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
    • there is no avoiding loses to be honest, its just how the market is. you win some and hopefully more, but u do lose some. 
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.