Here we go with the second article of this PrimeTrading Education Series! This one covers the subject that I get probably the most questions on via Twitter. How do I select the stocks I’m gonna buy?
Hi Alex, after a terrible 2021 and an even worse 2022, I am still struggling with my stop losses. I used ATR but these momentum stocks are wild and ending up losing too much. Using LOD- i have a question similar to Jules because i didnt understand your reply. The market opens at 9:30 (4:30pm my time) and there is an instant breakout, my alert is on and I take the trade 30mins into the market hour. There is no LOD. Do I look at the previous day? Thanks
Hey Alex, for when you place your SL at the low of the day after entering a trade, what do you mean by low of the day? You wait the day to be over then you place your SL at the low of that entering day, right?
Unser the Initial StopLoss section you mention placing the SL on LOD. Is that of the day of the DTL break or the low of prior day? I am asking as I imagine the day of DTL can give some very tight stops? Appreciate your time and help😊😊🙏🏻🙏🏻
can i ask how do you position your trades when you mention you don't layer in. e.g. does that mean 100% of your portfolio in a trade? or do you keep it a position at X% of your portfolio?
PT Education Series - Entries & Position management ⚙️
Hi Alex, after a terrible 2021 and an even worse 2022, I am still struggling with my stop losses. I used ATR but these momentum stocks are wild and ending up losing too much. Using LOD- i have a question similar to Jules because i didnt understand your reply. The market opens at 9:30 (4:30pm my time) and there is an instant breakout, my alert is on and I take the trade 30mins into the market hour. There is no LOD. Do I look at the previous day? Thanks
I love this page. I wish I picked up your site sooner... Thanks for this
what is FL?
Hello, I have a question regarding the sale of the position
In a very difficult environment
Can we sell 1/2 at a certain profit and the rest when closing less than 5 ema
Were you using the average of 10 and 21 ema for the year 2021 to sell the remaining quantity
Hey Alex, for when you place your SL at the low of the day after entering a trade, what do you mean by low of the day? You wait the day to be over then you place your SL at the low of that entering day, right?
much appreciated info
Simple and easy
Hi Alex,
Unser the Initial StopLoss section you mention placing the SL on LOD. Is that of the day of the DTL break or the low of prior day? I am asking as I imagine the day of DTL can give some very tight stops? Appreciate your time and help😊😊🙏🏻🙏🏻
great insights!
can i ask how do you position your trades when you mention you don't layer in. e.g. does that mean 100% of your portfolio in a trade? or do you keep it a position at X% of your portfolio?