Trading Secret #4 is here

13 thoughts on “Trading Secret #4 is here”

1. Trikaal,

   Yes, that is the way I would do it.

   All the best,
   Adam

2. Hi Adam,

   Can I use the Trade triangles themselves as stops. In other words I enter a trade when the Monthly & Weekly both go green and exit at the price which triggers a red weekly?

   Thanks,
   Hrishikesh

3. Dale,

   We all want it all. Only in trading no one gets it all.

   I have been around this game for a long time and stood shoulder to shoulder to some of the best traders in the world in the pits in Chicago and I can guarantee that they all take their losses. The key that makes them super successful is they manage their losses better than most traders.

   That's it ... that is their secret.

   All the best,
   Adam

4. I trade stocks (only) in the $0.50 to $8.00 range. I set my trailing stops at 10% of my buy-in to the stock (approx 1% of my portiflio). My buy-in is $5000 per trade, but the market keeps stoping me out, only to turn around to make excessive upturns. Luckily this only happens about 28% of the time.
   I have a great win ratio (more $$ in wins than losses). But I want it all!
   Is there a ratio of sell stops to volitility that you can recommend? Or is there an other system that may help me?
   I could increase the stop percentage but I not sure I could still sleep without some solid rational reason.
   Can you help?

5. Hi Adam,

   Very good lessons! Do you have a CD or download with all your training videos. It will be grate for further studies 🙂

   Best Regards,

   Mike Chaple.

   1. Dear Mike,

      May I suggest our Videos & Bonus page of our MarketClub Help Section? Click the link below and you can access an archive of Adam's training videos.

      http://bit.ly/MarketClubVideos

      I think you'll enjoy this.

      Best,

      Lindsay Thompson
      Director of New Business Development
      INO.com & MarketClub

6. Charles,

   A thin market is one where there is very little trading going on and bid and the offer spread is very wide. This is not a market I would recommend a newbie or anyone to trade.

   At MarketClub we like to stay with the big volume markets. This offers liquidity when you need to exit or enter a position.

   Hope this addresses your question.

   All the best,
   Adam

7. what is a thin market?

8. informative, however before anyone starts trading if they refer to any trading book, that always discuss stop/loss management. How I do my stop loss is in my trading software, I preconfigured my stop 1% or 10c. As soon as I place an order either(short/long) creates a bracketed order. No emotion. if trade goes other way stop will take me out. if I go profit, I move my stop or cancel my stop and create trail stop. The bracketed order is called OCO bracketed order. Sometimes you can place bracketed limit order and go for lunch while the price moves the order kicks in. IF trade goes south stop gets you minimum loss and profit goes unlimited.

9. lee,

   try this link:

   http://club.ino.com/trading/tag/7-ways-to-improve-your-trading/

10. Adam,

    In tip #4 You suggested setting stops at 1% to 2%.
    Did you mean 1-2% of total portfolio or 1-2% of that position.
    I would think a 1-2% stop on a position would be highly likely to be taken out. Which raises another question.
    I've placed stops at 5-10% for a position and seen the market come down to take me out and go right back to where it started minutes later. How can I avoid being taken out that way?

    Thanks,

    Joe H

    ps; Great site -- I'll likely be joining soon

    1. Joe,

       Thanks for your feedback.

       Here is how I use stops:

       http://club.ino.com/trading/2009/06/how-to-use-money-management-stops-effectively/

       All the best,
       Adam

11. very informative video! I like your simple explanations for those like me that are just learning.
    Too bad I didn't find it before video 4.
    Where can I find the previous 3 videos??

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