>tfw you forgot to put a stop loss in
where do I learn all this terminologies
I'm a newfag
>>1282792
Have you tried google?
>>1282789
What is it gonna do, sink you?
>tfw you use a stop loss
>the stock dips a bit below the stop loss then surges back up again, higher than it was before
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>He doesn't use trailing stops.
>>1282792
READ THE STICK
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We're you short Gold?
>what is probability of touch
>>1282840
Iktf
dead cat bounce fucks me every time.
I no longer use stop losses and I have adopted a buy and hold strategy
How do you determine where to put your stop loss?
>>1283007
Actually this!
>>1282789
I sure hope you weren't going short then you're fucked.
>>1283771
divide the buying price by two, then multiply the amount of decimal increments.
Works every time
>>1284069
>then multiply the amount of decimal increments.
Could you give me an example if a stock is 1 dollar a share?
>>1284075
If it was a 1 dollar share, the pip incriments would be something like 1.00000
so that's 0.5*5 so your stop loss for a short is 2.5, so invert that to be -0.5 (which of course is hypothetical).
This only works on up to 10:1 leverage using an account of 1000 or greater value. (don't risk more than 1%.)
If you put a stop loss in 10% below what your buying price was, and a stop GAIN 20% above what your buying price was, wouldn't you usually win?
>>1284256
no, because majority of your stocks can still go down instead of up. You're assuming your stocks are 50/50
>>1284256
Depends what you're investing in. If you use this strategy on penny-stocks you will be bankrupt within a year. If you do this on a couple of highly """""predictable"""""" bluechips, it might be a decent strategy, but I don't think you'll beat the market with it so what's even the point.
>>1282789
I was once 27btc down on an ETH long.
Fortunately i was patient, and ended up closing for a 7btc profit.
>tfw pulled my profitable dollar hedge at 8:27AM Friday morning to protect gains
Would have made like 10x, fuck
>>1282789
>>1282792
Investopedia
>>1284256
statistically speaking you're more likely to touch 10% either way than 20%
