LittleSoldier
:
You did take some loses but looks like the gains out way that, so congrats ! Wish I could say the same, but just wait till next year. I’m gonna give ya a run for your money! Happy New Year!!
Kenzo27
OPLittleSoldier
:
Ya. I think it’s impossible to have 100% green days. So the way I trade is to set a specific target for stop loss and profit taking, depending on the trend on that day, I usually use MACD, MA and trading volumes~ based on MooMoo stats (I don’t keep track myself, haha), my win rate is about 64%, which I think is decent.
May it be a good year for all of us :) Happy new year
Kenzo27
OPUltratech
:
Nope it didn’t, it went down. But of course if I stretch the horizon to maybe weeks, months and even years, I am sure it will go up, as US stocks have proven to us time and again.
But I guess we just have different strategies. I am predominantly a day trader, which is why I always have a specific stop loss and profit taking point. This strategy has served me well so far.
Stockingninjacat : Teach me your ways master!!
71150443 Stockingninjacat : me too
LittleSoldier : You did take some loses but looks like the gains out way that, so congrats !
Wish I could say the same, but just wait till next year. I’m gonna give ya a run for your money!
Happy New Year!!
Kenzo27 OP LittleSoldier : Ya. I think it’s impossible to have 100% green days. So the way I trade is to set a specific target for stop loss and profit taking, depending on the trend on that day, I usually use MACD, MA and trading volumes~ based on MooMoo stats (I don’t keep track myself, haha), my win rate is about 64%, which I think is decent.
May it be a good year for all of us :) Happy new year
Ultratech : money never sleeps
Kenzo27 OP Ultratech : You are absolutely right, which is why it is a lesson for me. Trading is lifelong learning process too~
Ultratech Kenzo27 OP : if you had held until now without the stoploss is the ticker up more since?
Kenzo27 OP Ultratech : Nope it didn’t, it went down. But of course if I stretch the horizon to maybe weeks, months and even years, I am sure it will go up, as US stocks have proven to us time and again.
But I guess we just have different strategies. I am predominantly a day trader, which is why I always have a specific stop loss and profit taking point. This strategy has served me well so far.
Ultratech Kenzo27 OP : there's always next year
MC1688 : Time to buy is last week, not sell. A reason why it is called Panic Sell. No panic buy.
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