Retail Positioning going into this week.
What do you see?
What do you see?
Stop Hunting 11 replies
Stop Hunting and Demos 1 reply
DislikedThis is how I am trading it - each order LOW Leverage. Leaving plenty of breathing room for stops and adding to get a better price. Reasons for the trade: 1. Retail positioned on wrong side 2. Orderflow is to the sell side 3. Market Structure is to the sell side This is before the market opens - I have no idea what will happen. Market could open gap up, take my orders and stops immediately. Again any kind of news can change the trade so if Order Flow changes then I'll exit before the stops get hit. Win/Lose - doesn't matter. Embrace the variance...Ignored
DislikedIf you've traded the markets for any amount of time, you will likely feel like someone is out there hunting your stops. You may feel like your trades are constantly being targeted. But are your stops really being hunted? By who? Why does this seem to keep happening only fores against you the market to go in the direction you originally intended? You hear that 90-95% of retail traders fail, but have you asked why? Is there something about the way that retail traders think that is causing consistent losses over time? I believe so. Is it possible to...Ignored
DislikedGood Day Traders, Closed open orders for USDCAD - price continued to move south. (Surprise surprise). I couldn't get in at those Retail levels - it went against the way that I trade. I prefer to enter wholesale. Less risk - more reward. I placed the orders..... They didn't get filled... and Price keeps moving south (as per-determined before market open Sunday). That particular trade is off the table for me right now. Looking for the next trade.Ignored