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Old 06-27-2017, 02:19 PM   #166
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curious...are you using a trailing stop or a manual stop.
Always set a trailing stop on entry...right now it's around 10 points but it can vary based on volatility...
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Old 06-27-2017, 02:29 PM   #167
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Always set a trailing stop on entry...right now it's around 10 points but it can vary based on volatility...
OK...all of my research as shown trailing stops are always more profitable. I use wide % stops and regulate my position sizes well within my risk tolerances.
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Old 06-27-2017, 02:30 PM   #168
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actually 10 points in this market is pretty wide. if things got crazy , what would you set it to? 15, 20 .... seems like a lot
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Old 06-27-2017, 02:38 PM   #169
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actually 10 points in this market is pretty wide. if things got crazy , what would you set it to? 15, 20 .... seems like a lot
I trade fx ...I'm not familiar with indices swings. 3% is my most popular #
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Old 06-27-2017, 02:41 PM   #170
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actually 10 points in this market is pretty wide. if things got crazy , what would you set it to? 15, 20 .... seems like a lot
My stop has approached 20 in the past...
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Old 06-27-2017, 02:55 PM   #171
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I trade fx ...I'm not familiar with indices swings. 3% is my most popular #

and with fx leverage, what % of the account would that be?
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Old 06-27-2017, 03:09 PM   #172
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and with fx leverage, what % of the account would that be?
I use Kelly...1/4 to full, depending on situation.
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Old 06-27-2017, 05:46 PM   #173
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The top must be in....

Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

http://www.cnbc.com/2017/06/27/yelle...-lifetime.html

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Yellen added that the Fed learned lessons from the financial crisis and is being more vigilant to find risks to the system.

"I think the system is much safer and much sounder," she said. "We are doing a lot more to try to look for financial stability risks that may not be immediately apparent but to look in corners of the financial system that are not subject to regulation, outside those areas in order to try to detect threats to financial stability that may be emerging."
Grandma is channeling her inner Irving Fisher, and apparently is not very good at math or history. I read this, and laughed.

Now I'm going to go hide under my bed....
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Old 06-28-2017, 10:05 PM   #174
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Yellen: Banks 'very much stronger'; another financial crisis not likely 'in our lifetime'

http://www.cnbc.com/2017/06/27/yelle...-lifetime.html



Grandma is channeling her inner Irving Fisher, and apparently is not very good at math or history. I read this, and laughed.

Now I'm going to go hide under my bed....
The risks to this booming and expected stock market rally and the very profitable major banks are... Janet Yellen and the Federal Reserve.
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Old 06-29-2017, 07:23 AM   #175
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The risks to this booming and expected stock market rally and the very profitable major banks are... Janet Yellen and the Federal Reserve.
nothing wrong with raising dividend and adding buybacks with plenty of capital on the balance sheets.add in less regulation under trump and just maybe we could get back to 3% growth without the noose around the banks neck.
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Old 06-29-2017, 09:36 AM   #176
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Long @ 2436.50 stop @ 2426
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Old 06-29-2017, 10:05 AM   #177
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Looks like this trade is going to be a stinker too...stop @ 2426.50
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Old 06-29-2017, 10:16 AM   #178
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A quick and brutal death...lost 10 points...long is not the place to be right now it looks...
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Old 06-29-2017, 10:21 AM   #179
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Of course, now that I've been stopped out, the market will turn around and go back up...
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Old 06-29-2017, 10:22 AM   #180
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A quick and brutal death...lost 10 points...long is not the place to be right now it looks...
Was fortunate enough to be long GS and C overnight for a quick windfall. I'm also short bonds, but what tech stocks I have left are of course getting crushed.

Bought QQQ puts for a partial hedge. Tech is bringing everything down. Not the place to be I'm afraid.
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