Trading with point and figure

Serious over trading by me today.
Caught out by large drops on DOW and DAX going against me, lost last two weeks gains!
270 pips
 
Skipper67 said:
Do you guys use stop losses? If so how many pips away from opening position?
Click to expand...

We are both scalpers, stops are not necessary if you are disciplined and watching your trade. As i said earlier, if it goes against you then get out dont hope it will turn, and re asses
 
had two longs which have been stopped at b/e..

I think it's heading to 13000 but i will be really annoyed if it now rockets up!
 
inzimam said:
had two longs which have been stopped at b/e..

I think it's heading to 13000 but i will be really annoyed if it now rockets up!
Click to expand...

Still waiting for 13080, got close @ 13070 but got rejected, might have been a mistake we shall see.
 
Next stop 38% retrace about 13145?????

5nn7o3.jpg
 
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