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OneHedges
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OneHedges
@mushtaba
Financial Markets at OneHedges. For entertainment & educational purposes only. This NOT Financial Advice.
New York, NY Katılım Eylül 2009
620 Takip Edilen228 Takipçiler

Great question. Completely depends on YOU. What can YOU handle.
William O'Neil would have his entire account in one name at 200% leverage. That is very rare.
Other traders can have phenomenal returns with a 20% max size per position.
I do think you should size up on your higher conviction ideas, whatever you think is on the "larger" side for you. For some, it might 10%, 20%, 50%, 100%, 100%+. It depends on the trader and their tolerance for risk.
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Mistakes I made in 2019. Don’t believe the rally is for real. Hesitate and don’t take the first few names breaking out. Try other names with excessive size to make up for the gains I should have had. Market pulls, get stopped out on some, sell or reduce the others due to pressure . Size even more on the next round of names to make up for what I should have been up in the first and second round of names, rinse repeat. Have a few early leaders start flagging, size in expecting a break out. Stop out, end up trying 3 more times inside the flag. They all stop out, each one I sized with more and more risk.
Hit risk limits for the month at various points in the rally, keep trading with larger size to dig myself out. How can i stop trading when the rally is so strong?
At the end of it, was down around 30%. If I had followed my risk rules, year would have been down less than 10% (I’d have to go back and check to get exact numbers). More importantly there would not have been the spiraling and I could have likely salvaged a profitable albeit disappointing year.
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@Peoplewish Interesting from PW research most solid setups have 40 bars before breaking out again? 📝 Thanks for always advancing the day trading community here Boss!
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$DAL 🗣️ showing you multiple trading opportunities past couple months as everyone else whines over setup less market - Wedge Pop long opportunity followed by DTSS short opportunity & now potential long as it tries to MAU&R - block out the noise and focus on the charts - stay nimble & be ready to quickly react - signs of a seasoned trader

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