General Trading Chat

wisp

Well-Known Member
STDa, I had some pretty bad trades in the morning and was saved at the end by the short. Will you please share your throught process in the morning with VP trading. Were there any trades at all in the morning?
 

arsh22g

Well-Known Member
After a horrendous previous week playing with stock futures, just traded NF with first position 0.5x of my usual, and traded without a SL. Though saw a draw-down of 25 points (50 points move), but all the bullish signals were not firing, so kept on to the loss (mental SL of 50 points, which meant a 100 point rally), and finally paid off after adding on to positions once market was in my favor..

So, a serious (but expensive) lesson for me....no matter how tempting the set-up looks, always enter less than your usual lots because it helps in keeping very wide SLs, unless all the signals (not just PA) tell you that you are wrong. :)
 

pratapvb

Well-Known Member
NF

had a bad morning. was not aggressive in taking partial profit. but positive in the end with that last short

 

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