(07-02-2024, 08:31 AM)sgbuffett Wrote: I do not use the full margin so can endure 1200 points move against me befoee I have to reduce position.
Those people play chicken feed moves of 50pts or 100 points also have...I long ago stop that because yoh have to look at screen all day and also don't make much goin in and out.
I explain many times I only go for primary trend.
Yet people yalk like am day trader.
Dun cum here bluff ok
Most of your short trades are now in deep red except for your 20k level trade, if you hv not squared it yet
Without stop loss, if you still waiting for 14k and lower to happen, then if HSI never return to below 16k but instead go to 20k, you would have hit margin calls before that happens
If not, then you are trading on very small lot sizes and if that is the case, might as well not trade since your profit for the 20k short trade would not cover the losses of your other short trades below 20k level
If HSI never go to 14k and below but instead go up to 16k, 17k, 18k, how you going to face your mother for losing her coffin money in your gamble?
With stop loss, you can limit your loss, without stop loss, you risk your full account
This is NOT the way to trade CFD, you freaking idiot!!
I suspect you tcss here only, never entered a short trade at all, all just your smelly hot air, right? NATO!!