Get started

Stoploss

CADJPY: In a potential kill zone. This is on the daily time frame. Nobody can predict where price will go or how far it will go in any direction. This means that if one is shorting or going long on this position, one has to expect losses. I always keep losses at the forefront of all my posts. I cannot predict what will happen next. People often ask me for targets. I don't do targets. This daily position can be exploited on lower time frames, with the right skill. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied or implied. Heavy losses can be expected. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
Short
by Captain_Walker
NVDA First Target $395 at 1.618 fib. level from swing.Estimated first price target is at the 1.618 fibonacci retracemnt level around $394/$395 which is placed from the last corrective wave in march as well as coinsiding with another fibonacci retracemnt at the last swing from the last all time highs to the bottom(a year ago?). I reccomend taking some profits at that propposed level or issuing a trailing stop policy near that level to maximize gains and seccuring your capital.
NASDAQ:NVDALong
by ChristosTrader
TESLA: Can we exploit a tweet?Tesla did a sudden retreat over a few hours. It was caused by a tweet. Unfortunately I'm not at liberty to say who made the tweet. DYOR. The point is, if you look at the 1H chart TSLA is back on a bull run. The tweet in question was just a minor 'itch' caused by the tweet. Sorry - I don't do predictions, so there is no advice on entry points or targets. In fact I don't deal with targets at all. Note carefully that TSLA is a very volatile stock, especially on 1H time frame. If you take a position long on this you stand to lose money, in attempting to make money. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
NASDAQ:TSLALong
by Captain_Walker
2
DJI (Wall Street) - 1H - patterns sometimes repeatMuch of good trading is about time spent stalking. Trade execution by the most successful traders happens only after much patient study. The current position of the DJI, resembles a previous one. Patterns tend to repeat. This means vigilance to see if they do repeat. There could be losses involved. I never avoid talking about that. Sometimes a pattern may appear to be repeating and then fail. That's when an affordable loss comes into the equation (it's called a stop-loss). The stop-loss limits how wrong one is in estimating a projection. Avoid predictions, is my motto - which is not everybody's motto. Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FOREXCOM:US30
by Captain_Walker
1
🔥A FEW THOUGHT OF STOP LOSS🔥👋🏻Hey, my dear friends!👋🏻 The weekend has come, it means, that the markets are showing slow activity.😴 👩🏻‍💻 That’s why I suggest you a little self-development.👩🏻‍💻 ✋🏻Today I want to tell you my thoughts about stop losses.🛑 Some traders don’t use stop loss, thinking that they work wrong and that’s inconvenient. In fact, if your stop-losses are triggered too often, then you set them incorrectly. 📌 For this reason, never try to put stop as close to the entry point as possible. 📌But it’s also not necessary put it too far from entry point, since the desire to “wait out” does not lead to a successful result. Many newcomers have another common mistake - they believe, that stop loss completely prevent the loss of money during transactions. 📎This cannot happen in principle - financial markets have their own rules, and losses here have always been and will be forever. 📌But over time, you can minimized it, by learning and development.💛💛💛 Believe you’ll succeed! Many trading books often teach how to place stops at support / resistance levels. 📌Concept of setting stop loss at significant levels is correct. But at the same time, it can’t be set at the very level! 📌You should put your stop loss above / below the support / resistance level, respectively. 🔍🔍You can find my previous idea at the link below.👇🏻👇🏻 Stay with me✔👌🏻 Your Rocket Bomb 🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
9