Posted by DigiNomad on 1st of Jul 2022 at 03:34 pm
Just placed the biggest trade of my life...but I did it with a
bracket order. Stop at yesterday's lows and a profit taker order 3%
higher. I would have placed it earlier but my system got
wacky on me right when I tried to place it the first time (of
course).
Good luck to you with this one. I am probably old-fashion but I
only started making good money on the market when I had clear money
management ideas on paper as part of my trading plan.
Posted by DigiNomad on 1st of Jul 2022 at 03:44 pm
Agree. I did it in SPY though and I've been rolling around 5%
invested since November and all options. A little less than 2%
total risk. Fingers crossed since I'm definitely in the medium term
bear camp.
Posted by DigiNomad on 6th of Jul 2022 at 02:53 pm
Out with a small profit - decent only because I went in big.
Reduced my target to 20 EMA because this bounce has been so weak.
Happy to be out with a win.
Just placed the biggest trade
Posted by DigiNomad on 1st of Jul 2022 at 03:34 pm
Just placed the biggest trade of my life...but I did it with a bracket order. Stop at yesterday's lows and a profit taker order 3% higher. I would have placed it earlier but my system got wacky on me right when I tried to place it the first time (of course).
Good luck to you with
Posted by mundy on 1st of Jul 2022 at 10:48 pm
Good luck to you with this one. I am probably old-fashion but I only started making good money on the market when I had clear money management ideas on paper as part of my trading plan.
Hope it works out for
Posted by kobie on 1st of Jul 2022 at 03:40 pm
Hope it works out for you. Everytime I put out a larger order than usual it backfired on me. Focus should be on preserving your money.
Agree. I did it in
Posted by DigiNomad on 1st of Jul 2022 at 03:44 pm
Agree. I did it in SPY though and I've been rolling around 5% invested since November and all options. A little less than 2% total risk. Fingers crossed since I'm definitely in the medium term bear camp.
Out with a small profit
Posted by DigiNomad on 6th of Jul 2022 at 02:53 pm
Out with a small profit - decent only because I went in big. Reduced my target to 20 EMA because this bounce has been so weak. Happy to be out with a win.
Kudos Digi
Posted by steve on 6th of Jul 2022 at 03:02 pm
Kudos Digi
Correction - 2% risk for
Posted by DigiNomad on 1st of Jul 2022 at 03:46 pm
Correction - 2% risk for that trade...not 2% total risk. But total risk is still above 1%.