BHP 0.85% $43.80 bhp group limited

green green, page-19

  1. 9,861 Posts.
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    loseronthemarket

    Firstly see if HC will let you change your nickname to something like (lose ron the market), otherwise pyschology will never let you be the trading guru that i know you can be :)))

    In volatile markets you would have to be prepared for 10% slippage overnight. Now there are 2 ways of tackling that.
    1. Be prepared to risk 10% of you capital
    OR
    2. Risk 3% of your capital account and 10% of the 3% on the trade.

    I only tighten stops when it coming into an overbought situation or indicators turn south half way through a move. Having said that the key to stops is to get them into break even as quick as possible.

    Share with me the day you were stop out and i might be able to offer a different approach.






 
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