Australian (ASX) Stock Market Forum

Triggering stop runs

LOL. Is that a joke?

Maybe if your the bucket shop.

If we gap up or down, out of the previous days range, you can bet your bottom dollar there is likely to be stops on the other side of that high/low from the previous day. That's probably the most obvious level I think.


Hey Mirc, may be showing my ignorance here but i thought the big players had a record of the retail traders stop positions?
 
So you are completely emotionless?

[/I]


im completely emotionless ------

goddamn it where are the goddamn keys to my porche -----

sorry got a bit emotional there for a second :D

sorry about that !!

so Kambo --- no hope trades eh --- i assume you set VERY tight stops then ?? (serious question)
 
Those trading a positive expectancy method will see each trade as "Doing Business".

It will be without emotion.
 
Those trading a positive expectancy method will see each trade as "Doing Business".

It will be without emotion.


welcome back Techno -- i hope u got me something nice for Xmas :D

so when u have a trade running and it bombs out to within a point of yr stop, u dont even hope for a second that it might recover?? ---- U dont get even a little pi**ed off that the trade was a crapper?? ----- i sure do !!
 
so when u have a trade running and it bombs out to within a point of yr stop, u dont even hope for a second that it might recover?? ---- U dont get even a little pi**ed off that the trade was a crapper?? ----- i sure do !!

I'll answer this as well methinks.

Nope, not even for a second. A small loss simply signifies that I'm one trade closer to the inevitable big winner, which invariably comes along when least expected. You just move on and take the next trade.

There are no cr*p trades, there are only trades.

If you are reacting emotionally like this to an individual losing trade then you have a problem that needs addressing.
 
I'll answer this as well methinks.

If you are reacting emotionally like this to an individual losing trade then you have a problem that needs addressing.

U got that right Mike ---- i have serious problems --- i was reading the forum earlier and i missed my long entry on the EUR/USD at 7.20 pm (IG time) --- and im still emotional about that ;) --- now ive gotta sit around and wait for another entry --- next one might be short though ;)
 
I'll answer this as well methinks.

Nope, not even for a second. A small loss simply signifies that I'm one trade closer to the inevitable big winner, which invariably comes along when least expected. You just move on and take the next trade.

There are no cr*p trades, there are only trades.

If you are reacting emotionally like this to an individual losing trade then you have a problem that needs addressing.

Ditto.
 
Those trading a positive expectancy method will see each trade as "Doing Business".

It will be without emotion.

If you are reacting emotionally like this to an individual losing trade then you have a problem that needs addressing.

How about multi-millionaire traders who have green days nearly every single day, swearing their azz off when trades go against them? Just as one gets a good rush when they make a great trade or have a fantastic day. While it's not good to let it get to you too much, experiencing the emotions that come with trading, is half the fun of it, just the same for any athlete in a sport.

Must not have a positive expectancy method. All luck I reckon.
 
Yeh.
Just like baiting the hook when fishing eh.
When you get a bite--what a rush!
 
Top