Rob's Trading Diary

[Kingdom2008]

order pending on kingfisher

sell 251

stop 258

Target 235

Order executed at 13:36

 

[BILLV]

Order executed at 13:36

Rob
What's your timeframe for this order?

 

[Kingdom2008]

Hi Bill, I trade daily timeframes

Thanks
Rob

 

[BILLV]

Hi Bill, I trade daily timeframes

Thanks
Rob

Thanks Rob
So what are you going to do if it doesn't hit the stop or reach the target?
Do you usually close the trade?

 

[Kingdom2008]

I don't do much maintenance with the trade if I get signs of a reversal against me and I'm in 1:2 r/r territory I will take profits but Other than that I just move my stop to break even as soon as possible.
I will always let the trade run if it's in the 1:1 range as I'm only looking for a 50% success rate so at 1:2 or 1:3 I will be profitable

Thanks
Rob

 

[Kingdom2008]

Short bp now at 477 with post chart ect asap

 

[deebee1]

hmmmmmm

 

[Kingdom2008]

Short bp now at 477 with post chart ect asap

Stop 485

Target 461

RR 1:2

 

[deebee1]

how long are your trades active for....???

 

[Kingdom2008]

around 3-10 days depending on the market conditions

 

[Kingdom2008]

Stop 485

Target 461

RR 1:2

Moved stop on BP to break-even