im a position trader, but i scalp around my postitions and i always use stops..... a lot of day traders have this mentality that they dont need stops, from where they get this i dunno? the market is always the best teacher i guess....

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use a hard stop even, if you close your positions manually.... even if you plan on having a mental/manual stop at say 20 pips, you should still have a hard stop above that. Price can move very fast in illiquid conditions, before you know it you ...

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lotta gamblers in this forum ic you should always use a hard stop....esp in these conditions anything can and will happen

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hey eg its ok im down 40 pips on the day....i should have covered my short from the frankfurt open below 3300 but i fell asleep and it hit my stop at +30. I had two small losers on ej and aj that put me down....tonights london and frankfurt will ...

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listen to your own chart....if you listen to people on this forum you will lose....

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i was lookin at us 30 chart

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us futures lookin ugly atm....

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nice bro

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100 day ma comes in at 3300 ftc

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eeehhhh looks like it wants 3247-39

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we are either gettin close to a little covering or a complete capitulation....wish i knew which lol

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hehehe no snow yet bro....it was like 60 all last week yea im done for thanksgiving break im gonna trade a lot

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targeting 3239....ws2 3322, ds1 3274 might be st bounces there

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huh?

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some levels....shorts may be good near dp....

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whats a blumpkin?

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id have to imagine the markets would react negatively to this?

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no feeding after midnight....

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hehe i dunno.... i dig the mogwai! some idiot was ranting and raving on how awesome he was because he turned a $250 acct into $283 in a couple days or something like that. Then I told him that if you follow the trend and add to winners doubling ...

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