Received 3 Karmas
Feuse135
Feuse135 Nov 08, 15 10:16 AM

I trade with 100 shares, I do it to get used to profiting and cutting losses, you need to fell comftrable with the money your losing. always think about how much $ can you afford to lose, my risk to reward si 1 -3 my max loss is 15$ with 100 shares and now im going to try and make it 0.10 cent max loss and try to let my winners go because I tend to take profits too quickly and miss 1 dollar profits, start small and build up your position size with time, you will wipe your account if you just thr

Feuse135
Feuse135 Nov 08, 15 10:17 AM

this monday i will go up to 150 shares, if i feel comftrable with the strategy like i am now i will go to 200, and so on.

Join now or log in to leave a comment
Feuse135
1
Feuse135 Nov 08, 15 10:18 AM

Thanks alot! Everytime I enter a traede my heart explodes, im just taking a deep breath and thinking "relax its just a game and you know the rules."

Iaco56
Iaco56 Nov 08, 15 5:01 PM

@Feuse135 No problem. yea take it one trade at a time you'll get a lot more relaxed!

Join now or log in to leave a comment
Received 1 Karma
Feuse135
1
Feuse135 Nov 05, 15 1:25 PM

Thanks for sharing!, and one more thing, Im looking at your trades and your risk to reward seems to be not so good, you lose 20+ and gain about 10 each trade, you need a 3 to 1 risk reward, lose max 15 and gain 25,30 cents. Good luck bro!

jarettwegner
jarettwegner Nov 06, 15 7:10 AM

@Feuse135 I am having trouble with that. I make my stops without the thought of commissions, so going in to it I do have a 3:1 risk reward. I do not put on a trade unless it's 3:1 or greater, but the $10 commission is really affecting my account. I am trying to work on adding more money to the account just to not be effected so much by the commissions. I have made money per share and still lost overall because of it.

Join now or log in to leave a comment
Page
of 1