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normeck
post Feb 4 2008, 10:21 AM
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PO = pending order....
about stop lost...i also dont play that s/L...i take profit and in my term "tapau"....i always tapau back when it goes negative ...seldom used stop lost...like billy said...
i just said S/L because almost everybody playing S/L...

for now i "tapau" GJ from 209.xx.....2 lot somemore...wakakakak!!!
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jack2
post Feb 4 2008, 10:48 AM
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QUOTE(normeck @ Feb 4 2008, 10:21 AM)
PO = pending order....
about stop lost...i also dont play that s/L...i take profit and in my term "tapau"....i always tapau back when it goes negative ...seldom used stop lost...like billy said...
i just said S/L because almost everybody playing S/L...

for now i "tapau" GJ from 209.xx.....2 lot somemore...wakakakak!!!
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You short GJ ka?
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Quincy
post Feb 4 2008, 11:35 AM
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QUOTE(normeck @ Feb 4 2008, 10:21 AM)
PO = pending order....
about stop lost...i also dont play that s/L...i take profit and in my term "tapau"....i always tapau back when it goes negative ...seldom used stop lost...like billy said...
i just said S/L because almost everybody playing S/L...

for now i "tapau" GJ from 209.xx.....2 lot somemore...wakakakak!!!
*



There is a different between you and billytong playing without stoploss. From billytong post, considering he can withstand large drawdown, that mean he is using sound money management or he have large capital. Thats why he can trade without using stoploss.

As for me, im using stoploss alright, but not the usual stoploss that most people use. Mostly they are using small stoploss (around 30 pips or so) and is a constant stoploss (every trade set SL to 30 pips.) Mine have large stoploss (or I could say as hardstop) and the value depends on what the market tells me.
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low yat 82
post Feb 4 2008, 11:53 AM
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QUOTE(Quincy @ Feb 4 2008, 11:35 AM)
There is a different between you and billytong playing without stoploss. From billytong post, considering he can withstand large drawdown, that mean he is using sound money management or he have large capital. Thats why he can trade without using stoploss.

As for me, im using stoploss alright, but not the usual stoploss that most people use. Mostly they are using small stoploss (around 30 pips or so) and is a constant stoploss (every trade set SL to 30 pips.) Mine have large stoploss (or I could say as hardstop) and the value depends on what the market tells me.
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ooo... so i guess u r swing trader?

btw, tight stop loss is usually used by them doin short term tradin..
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Quincy
post Feb 4 2008, 12:07 PM
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QUOTE(low yat 82 @ Feb 4 2008, 11:53 AM)
ooo... so i guess u r swing trader?

btw, tight stop loss is usually used by them doin short term tradin..
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Yeah, Im swing trader/medium term.

using ATR indicator for stoploss also can be good for short term trading.
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low yat 82
post Feb 4 2008, 12:18 PM
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X-Hardware Lover->X-Clubber->Swing Trader-> TNL Tech.
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QUOTE(Quincy @ Feb 4 2008, 12:07 PM)
Yeah, Im swing trader/medium term.

using ATR indicator for stoploss also can be good for short term trading.
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hmm... yar.. 1 of the way also... turtle trader? ^.^
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normeck
post Feb 4 2008, 12:25 PM
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report from me... sharing is caring...smile.gif
what is swing trader?....
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firedauz
post Feb 4 2008, 12:27 PM
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We've reached over 2500 posts for V1.

V2 --> http://forum.lowyat.net/topic/625840
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