Recent content by bhupe

Good strategy.

Thanks Mate

Thank you all for your replies. Much appreciated.

I actually use ATR stop for my swing trade. Three bar low trailing stop seems to be good idea but at the moment I am spread betting and the spreads sometimes are too wide to implement it in intra-day trade. I will look into this when I start DMA trading. I pyramid my position based on the...

Yep, you are right - the optimimum is only possible in hindsight. I think it was a childish question. :) To be honest, I have moved but not changed my fixed stop loss to trailing stop for my existing positions. I will rather get stopped with a small profit / breakeven point then let my winners...

Hi, Thank you so much for your very helpful post. I think what you have mentioned in your post really matches with what I have experienced so far. I think you are very right in regards to the intra-day noise. When I analysed my trading journal, I realised I have predominately lost more on my...

Hi Jason, I am a contrarian/swing trader looking for trend reversal, holding time: anywhere between 15 days to 1.5 year. What do you suggest the optimum trailing stop? regards, bhupe

I am also in the same situation as you are currently with five positions, but I am just going with the flow and a stop-loss so that I can concentrate on my next set-up. (I have just faced the heat from the earning reports of UK's three supermarket.) regards, bhupe I will give you an recent...

You are right that it does not always work. But concentrating on high probabilities set-ups, instrument's volatility and proper position sizing, then 2/3 out of 10 trade will also give me a net positive p&l. I have experienced while trading that when I cared about the penny, I lost the pound...

I agree getting on the trend is safer. It's just that some traders like to spot the trend before it becomes a trend. At the end, it's a zero sum game. I win sometimes, and I lose most times. But as long as my net p/l is up, I dont have any complaints....It is like that story of a princess where...

Guranteed stop is slightly costly but when I take into consideration that I do not pay commission (i know it is in the spread.) and there is no capital gain tax then the stop loss is worth it. Also from my experience, I have realised that actually when taking the slippage factor into...

I am not an experienced trader but I will share my two cents from my experience. You may like to observe below point for deciding about a trading position with a earning reports due: 1) Sometime the news factor is already in the price, so a stock that was in accumulation stage may go into...

I would love to know your spread betting or trading experience. I will share some of my mine: 1) Never use spread betting for scalping with tighter stops. 2) When putting stop-loss going into earning reports, do not just put stop loss but put guaranteed stop loss level. Any gap down can wipe...

I am spreadbetting in IG Index. What is you guys opinon on the best trailing stop level on positive positions? I am currently up on my positions but I am unsure where to put the trailing stop? The Trailing stop requires two information: Distance: Step: (%) I had a original fixed stop loss...

IG price spike... I am not disappointed about missing the opportunity to close the above positions, but my only concern is it has happened quite a few times on my positions and I was wondering whether the spike was intended to flush out the shorters or may be on other occasions, the reverse...