Day Trader’s Aftermarket Lounge 12 Jun 2019, page-86

I think everyone got their own setup for trading.
I use my phone + laptop but not everyday.
My phone has both IG & IB set up & mainly IB on laptop.
IG is also on laptop but I prefer the app on phone.
I dont generally use stop losses.
They can be good if you are away from your devices and cant keep an eye out.
But too many times I have been stopped out only for the sp to reverse and carry on.
Nothing upsets me more.
So I keep watch..it is more or less a job..and keep a mental stop loss usually over a whole No.
IB has a bracket ...a limit sell order & a stop loss.
But I dont really see the point...unless perhaps the action is like super hot.
Ive tried working a normal job and trading..it doesnt work for me..as cant focus on both..so its either one or the other..barring long term holds.
Sometimes I travel mainly S.E.A. but unless settled in it can be tricky with wifi...distractions..etc
have made some really stupid trades in the past because of distractions....
You need to be bright eyed and clear headed every morning.
I dont accumulate..buying the dips..just go in whole hog but sometimes when selling can stager half..quarter..quarter..
Its not easy.
Sometimes I miss the comeradery of a normal job.
Trading is very solitary.
That where HC is good I guess.