I like 'em tight

[wasp]

This old chestnut! Like with most things in life....... The tighter the stop the better.

• Larger profits.
• Less time biting your nails.
• Larger size as smaller stops.

or

• ........

Well, I can't think of an opposing argument!

 

[counter_violent]

I like to build fat into a trade...very early on...then I chill out and watch everyone else play chase me !fk me !

 

[wasp]

I like to get in there all the way from the first and best opportunity before the chance passes me by then just enjoy the ride!

 

[Directional]

i want it as tight as possible, at the moment its like a wizards sleeve however

 

[MrGecko]

Thus the different between a scalper (in and out for a quick buck) and a position (!) trader is made clear.

If you are packing real size, its tight wherever you go.

 

[shadowninja]

I hear scalpers can only handle one position at a time. We're still talking about trading, right?

 

[MrGecko]

I hear scalpers can only handle one position at a time. We're still talking about trading, right?

having said that.. I am interested to hear about this "legging in and out" business...

I mean, a whole Leg?

 

[wasp]

Tight doesn't mean getting in too early though, that's just wrong.... but leave it to long to mature and its a terrible mistake.

 

[N Rothschild]

i like, how they say, bawdeep.

 

[Directional]

well, the spread has something to do with how tight its going to be... if the spread opens up at you like a whale yawning, you know theres going to be a problem

 

[MrGecko]

well, the spread has something to do with how tight its going to be... if the spread opens up at you like a whale yawning, you know theres going to be a problem

Slippage?

 

[wasp]

Slippage?

Only if you are late to the party and too many have got in before you

 

[N Rothschild]

 

[MrGecko]

Only if you are late to the party and too many have got in before you

The smell then.

 

[wasp]

The smell then.

for newbies with wide ones, it can be nasty. Get in there fast and its sweet and fresh and very different

 

[MrGecko]

How would you know?

Did you not start the whole thread off with a reference to "old chesnuts"??

What exactly is a chestnut?

 

[wasp]

What exactly is a chest-nut?

Not something that can be gone into detail but it ain't pretty!!

 

[MrGecko]

Well, I did my research, and I have to say that all this reminds me of is school.

Rare treats Indeed!

 

[wasp]

3: Urban Dictionary: chestnut

 

[sighthound]

Tight doesn't mean getting in too early though, that's just wrong.... but leave it to long to mature and its a terrible mistake.

Do I take it then that if I have taken up a bullish position too early and find myself in a heavy period where volatility may be high and its all gone bearish and quite messy that its better to withdraw and wait until I can see the situation more clearly.Basically look before you leap