Mateo
1.5K posts

Mateo
@6ix_Trader
Covering tops 70% of the time | Small Cap SS
Toronto, Ontario Katılım Mayıs 2020
115 Takip Edilen929 Takipçiler

@LionTurtle3 yeah true, typically thats how it goes. But when there is a prolonged cycle shift, combined with my trading style, it's not uncommon for me to have multiple big red days in a row, or even have multiple red weeks in a row. Thats mainly what im seeking protection from.
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@6ix_Trader That's the thing with small caps. The cycle is;
1. Dead market
2. Rip my face off day
3. Big money day
#3 is the biggest green day, right after #2.
#2 usually does not last more than 1-2 days.
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@LionTurtle3 it was pretty unfortunate timing for that to trigger, but conversely it has also saved me many times. So what happens when you lose big the next day also with larger size, you size up even more?
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@6ix_Trader When I get my ass handed to me, it usually means a big day is next, and its time to size up.
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@jrtradesuwu i will say my experience is limited to securities im familiar with and realized commodities are much different, I couldve traded it better for sure. I was kinda set on a stretched pt and i went into it knowing i could risk giving back a big gain, so yeah followed my plan
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@jrtradesuwu I mean sure in the short term that seems to be the trend, anyone can pick a timeframe and slap a moving average on it thats been holding and say "this is the mean" lol i had a bigger picture in mind in the context of the daily move as a whole, not the 15m tf or even 1hr tf

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@jrtradesuwu i do, which is to make sure it doesnt turn into a loss. Regardless i was following my plan just didnt work out and give the move i thought it would
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@6ix_Trader Yikes, tough. Should have some trail rules for outlier unrealized gains
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