, markjeagle1064

markjeagle1064
Risk

United Kingdom
Don't copy me, I've not a clue what I'm doing!
5
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Sell
S
1523.36
Buy
B
1523.81
Sell
S
171.0592
Buy
B
174.3320
Sell
S
9590.22
Buy
B
9662.35
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Jerald Aidoo
Jerald Aidoo @Aidoojp
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$GOLD Hi Folks, I have never used a trailing stop loss. Does anyone have experience of how it works in times of volatility like what we might see later? Is it recommended or not. Currently 13% up and don't want a repeat of yesterday (Trump & Twitter gets me nervous) . Thanks! ... Show More
markjeagle1064
@markjeagle1064 Bought $ETHEREUM @268.715
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Just opened a position using 99.54% of my equity with X1 leverage. ... Show More
ETHEREUM
171.0592
-2.4798 (-1.43%)
markjeagle1064
@markjeagle1064 Bought $ETHEREUM @205.4196
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Just opened a position using 88.03% of my equity with X1 leverage. ... Show More
ETHEREUM
171.0592
-2.4798 (-1.43%)
Lena Virginia Birse
Lena Virginia Birse @Onegirl
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Nice end to the week, the $NSDQ100 has reached an all new high thanks to the NFP numbers. The US added 313,000 jobs well above the 205,000 expected number. Also wage growth number was at 2.6 down from Feb's 2.9 which sparked panic in the markets as investors feared raising inflations and the probability of 4 rate hikes. However with these new figures the market is feeling confident, the US economy is looking strong and the assumption is that we will probably only have 3 rate hikes. We should still expect volatility, especially when there is uncertainty from policy or politics. When this happens I will (as usual) aim to use it as a buying opportunity - as I like buying shares at a discount.!! Have a lovely weekend. ... Show More
Wayne Ryan
Wayne Ryan @goodgoing
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I would also like to explain a few points on Draw down, mainly for new traders. I'd like to give a very basic description of draw down. Draw down is the percentage value that the account is running in the red from the total fund available. I like to view it as an overdraft facility. It is the current negative equity because an OPEN trade or net OPEN trades value is running red. Please be aware that it is not the same as the profit percentage figure displayed for a PI. If you are running a draw down and decide to close that trade, then the draw down becomes zero again, assuming you are running no more trades, but the loss then appears on the profit statistics page. So when choosing a PI or when following the progress of your existing PI, please understand that any negative figure for profit, may not necessarily be a loss. Please also be aware that draw down is perfectly normal. When a trade is placed, it rarely goes initially in the anticipated direction. That is one reasons for using a stop loss. I have worked hard at reducing my risk score and as a result I have restrained draw down below 15%, with a risk of 3 - 5 You need to bear this in mind when setting your stop loss. If a PI is always running a 50% Draw down, you need a bigger copy stop. Finally, my long term investors will know that I am very adept at converting DD back to equity. In fact, I actually prefer the account running red. I just do and it keeps me on the edge and focussed. ... Show More