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mw_37 t1_jecylcz wrote

Most sane individuals would stop an unhedged NQ postion at like 10-20 points. 600 points and this dude still holding

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hud07177 t1_jedqh0i wrote

hit my 10-15 points stop around 20 times on Wednesday shorting nq and down 40k. Glad to hear that i am sane.

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Upper-Chemist-7435 t1_jeds2hp wrote

Have you considered making a one stop of 100-150 points instead of 20 @ 10? Just an idea - does wonders for me.

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[deleted] t1_jedswyr wrote

[deleted]

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Upper-Chemist-7435 t1_jedt37x wrote

Double down and change the direction - best way to loose all the money

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eddie7000 t1_jefzh8d wrote

Do the same thing every time and always expect a different result. People will think you're crazy, but when you tell them the market is also crazy it will blow their minds.

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hud07177 t1_jefesuh wrote

Didn't place stop loss today for 10-15 points today. A 100 points stop loss will be at 13250. Currently down $16k. Save a lot of commission. I did it!!!

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MaverickGTI t1_jeds5kj wrote

10-20 pt SL is not a winning strategy and most people lose money. The stop loss tells you almost nothing about the strategy.

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Bronto_Chad t1_jefzoe4 wrote

You will be like the squid game guy if your stop loss for NQ is 10-20 points

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