great outlook about stops. Its all about fear that we put stops so close that we don't let breathe the stock. All this said. I just think we just have to trade smaller sizes to let the wiggle be much more wider. Thanks for the call.
Sharekhan: This is a great video. Well done. This aspect would read everyone's mind as regarding the psychological use of the trailing stops. One must let his trades breath and not choke them with a small trailing stop. Even when a stock has a high potential of a long uptrend, one may get slightly nervous of giving back some of the gains for a higher rise; hence, placing his stop too tight, choking himself of further profit. On the other hand: Regarding intraday and scalping -- one obviously should have a narrower stop since he is vying for small frequent gains.
John ...your information is Great! Thank you for posting this video...VERY Helpful to say the least....I lost so much $$$ because I did not have good understanding about trailing stops.
@Steve Fox the description never said "expert advise" I'm a rookie and I'm being a sponge to all the information out there. This video was helpful to me and probably many other people searching to learn. Thanks for the video!
Excellent Video Can you please do a video on the difference in using a trailing stop order verses a trailing stop limit order? And also, because penny stocks are more volatile due to drastic price fluctuations, what's your opinion on using trailing stops for a day trade on a penny stock? Thanks
Hi! The stop order executes at market rates of the stop loss level is hit. So when stop loss is hit the trade exits at the best market price available, instantly. The limit order executes at a price determined by the trader while entering his stop order and not at the market price. So when stop loss is hit an order to exit at the limit price is sent to the exchange. Stop loss orders in penny stocks should use a limit because the stock can be illiquid and you do not want random execution of your trade at any rate. Monitor your orders closely if prices are fluctuating a lot in case you need to change the limit price. Do let us know if you need any further clarifications. Thank you!
very very helpful video. Its true that I'm always trying to sell at the top but in reality, that's not how it works because we do not actually know where the top is. Letting go of the fear or greed of losing that small percentage of profit in exchange for safety/security will help you protect gains. Gain is gain. Thank you professor! :)
Thank you. This was very informative and easy to follow and understand. Overall, great teaching skills and explanation. Thanks for your effort it is worth it.
Cheers for this, been searching for "setting stop losses with atr" for a while now, and I think this has helped. Ever heard of - Seyilliamorn Unflappable Smasher - (should be on google have a look ) ? It is a smashing exclusive guide for discovering how to trade stocks lik a boss minus the headache. Ive heard some super things about it and my work buddy got great results with it.
Thanks. I watched this already knowing I set my stops too tight. I've been doing pretty good my first month trading. Up about 16%. I may have been able to get 1 or 2% more had I let them breathe, but I'll take 16% a month all year long ;) I will discipline myself to loosen the noose. Thanks again.
Very good analysis of the trailing stop. Thanks. The most important thing to retain when using T - Stops is that you must still keep an eye on your stock while the stop is in place.. I've also heard that if there's a big gap down your stop may not trigger as it was set to. Yikes!
Hi Bente, we would like to inform you that stop loss are marked below the demand zones for buy positions and above the supply zone for short positions. Thank you!
Thanks. Your information was very clear and informative. Do you incorporate Fib levels to predetermine your take profit levels. They help me to gauge just how close I can come before closing out my position. I play off of the 0 & 100% retracement fib level. Sometimes I wait for the 50 or 61.8% pull back also. Thanks again.
20EMA on 5 min candle can help you get good results on an intraday trade. If it closes below it you get out. Obviously nothing is best but this gives you a process which you can follow. Sometimes you will make good money, sometimes you will miss out on it.
Well I'm watching this in 2018 (!) , and trading forex, not stocks, though I have to say, a really good explanation - in fact, that's a very good idea regarding using it as insurance against an overnight price retracement, I never thought of using a trailing stop for that, but it makes perfect sense, thank you. From what I understand, at least with the forex Metatrader software platform, is that a trailing stop (unlike a regular stop, which go to the server) is only active while your pc is on and the software is running - if there's a power failure etc, the trailing stop is cancelled. That concerns me, so if there's anyone that knows : Can you have a trailing stop, as well as a regular stop, both active at the same time, with one cancelling the other automatically if triggered ?
When you initially buy your stock, using a regular stop and then ad the trailing stop later, does that cost a fee (like scottrade 7. each time you buy) as if you are buying a new trade to set up the later trailing stock?
Hi Gary! When you set your trailing stop loss wider, you might end up giving back most of the gains back to the market if the scrip starts moving against you. Trailing stop loss should be smart enough to limit your losses when the scrip starts moving against you & at the same time keep you in the winning trade to the maximum extent possible. Do let us know in case you require any other assistance.
I got in Square at $20. It is currently selling for 37.80. Originally I set a TS for 15% but have recently switched it to 7%. In your opinion, is that a good percentage considering it is up over 80% for me? It has exceeded my target but just keeps running. Thanks for any thoughts.
Hey Neil, thank you for reaching out to us. We'll surely help you with your query. Could you please tell, what exactly was the reason for your target setting? Also, do you use a percentage like you have mentioned as a line in the sand or more as a tool based on a particular strategy? Do let us know so that we may assist you further on this.
Do be honest, I basically wing it on my stops depending on many factors including the overall market, momentum of the stock, my target price etc. I basically set my EOY target price for Square at 40. Obviously, it has now hit that in mid November leaving even me a bit surprised. Leaving my 7% intact for the moment but just curious what your opinion was on both the stock as well as my current stop level. Thanks
Hi guys , i bring you splendid news, This will improve your Forex trading by a 100% guaranteed i have been using a strategy called the *Blended Model Strategy* taught to me by *Dmitry Vladislav* with his help i have been making thousands of pounds every single day . if you have been having a bad trading career then i suggest you search the internet for the *Blended Model Strategy* right now and get your life started.
My broker is SureTrader. How do I add a trailing stop when I'm already in the trade? I always enter the trade with a trailing stop from the beginning, I wasn't aware I could add a trailing stop when I'm already in the trade. thank you in advance. Joihn
Hi Johan, in Trade Tiger, to add a trailing square off after creating a position for intra-day, right click on scrip in Net Position report & select “Trailing Stop Loss”. For delivery based buys go to DPSR Report, select the scrip & click on “Trailing Square Off” provided on top of the report.
hi sharekhan sk well each stock in the stock market behaves differently so having one way to do things makes it difficult to get a good profit. first if you wait many days may be you see some profit then the price can go to where you put your stop loss and hit it. so you end up giving all your profit which could many dollars of profit for each share you bought. then this idea of target price is a good idea in swing trading or investing because you will never know where the stock will end up. and what you said is just opposite of the addage of wall street let your profits run. i have bought some stocks which behave as i have planned with a stop loss that is not too far or too close. you will never know may be one day there is a sell off. automatically you will lose a lot of profit. the idea of target is better used for day trader because they must calculate their profit because they dont have time. they trade only through the day hours then they much exit all their positions before the market closes. hope that helps and thank you for sharing.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO BUTI THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Hi Godwin, have you gotten the necessary information you need? If you are in Nigeria/Nigerian, please feel free to contact me and let me give you the necessary information that would help you make the right decision
We would like to look into this for you. Request you to please drop us a message on our social media handle @sharekhan via DM along with your customer id & detailed concern so that we can look into it and do the needful.
You lost me when you started talking about targets. I, as a mostly uninformed investor, have no idea what a target would be beyond "higher than what I bought it at". I understand the concept of keeping a big enough cushion to stay in the stock while it fluctuates - the second scenario you outlined made no sense to me, though. Thanks for posting.
BK Nelson for active traders such as myself , if we have a predetermined risk amount based on trailing stop, we may look to close it out at whatever multiple of that trailing stop we predict ( which we define as risk/reward). The goal is to stay in trades that are trending and hopefully be out closed out before the stock goes sideways or down. Generally active traders may hold a stock from a couple days to a couple months. As active traders we don't want to be in stocks that are going sideways. Investors can afford to do that because you hold time is way way longer
Nishant Gandhi The movement in the video happens more often than you think. Look at something big and stable or the indexes like the Dow or SP500. look at their 1 and 2 year charts and see thats almost exactly what is shown in the video
This is a good lesson, though: Even when one wins -- he loses! This is another emotional unhinging situation that traders have to face. Your lesson is correct, but there are some solutions but one must put some initial elbow grease into this by: 1) Monitoring and occasionally adjusting or tightening the trailing stops, or; 2) Separating the number of shares (scaling out), or; 3) Going the IB route: with their adjustable stops system. Here is the link for this: www.interactivebrokers.com/en/index.php?f=574
Steve Foxx Stop being say arrogant. If you can do any better then put up or shut up. This fellow don't have to do this he's a trader and making money. There are traders on different levels, skill wise. Get over yourself will ya'.
![BLACK BAG - Official Trailer [HD] - Only in Theaters March 14](http://i.ytimg.com/vi/Du0Xp8WX_7I/mqdefault.jpg)
His teaching is so clear and outperforming.
Thanks :)
great outlook about stops. Its all about fear that we put stops so close that we don't let breathe the stock. All this said. I just think we just have to trade smaller sizes to let the wiggle be much more wider. Thanks for the call.
trailing stop loss is unprecedented and useful for retail day trader. thanks javed khan islamabad.
Sharekhan: This is a great video. Well done. This aspect would read everyone's mind as regarding the psychological use of the trailing stops. One must let his trades breath and not choke them with a small trailing stop. Even when a stock has a high potential of a long uptrend, one may get slightly nervous of giving back some of the gains for a higher rise; hence, placing his stop too tight, choking himself of further profit.
On the other hand:
Regarding intraday and scalping -- one obviously should have a narrower stop since he is vying for small frequent gains.
John ...your information is Great! Thank you for posting this video...VERY Helpful to say the least....I lost so much $$$ because I did not have good understanding about trailing stops.
Very good explanation and straight to the point. thank you sir
Your words were so powerful, and I'm excited to finally start my trading career. Thank you for the encouragement!
Thank you so much for your compliment, Elane!
You have explained this in a very easy way. Thanks a lot.❤
Useful stuff to point out and clarify thanks very much
@Steve Fox the description never said "expert advise" I'm a rookie and I'm being a sponge to all the information out there. This video was helpful to me and probably many other people searching to learn. Thanks for the video!
Excellent Video
Can you please do a video on the difference in using a trailing stop order verses a trailing stop limit order?
And also, because penny stocks are more volatile due to drastic price fluctuations, what's your opinion on using trailing stops for a day trade on a penny stock?
Thanks
Hi! The stop order executes at market rates of the stop loss level is hit. So when stop loss is hit the trade exits at the best market price available, instantly. The limit order executes at a price determined by the trader while entering his stop order and not at the market price. So when stop loss is hit an order to exit at the limit price is sent to the exchange.
Stop loss orders in penny stocks should use a limit because the stock can be illiquid and you do not want random execution of your trade at any rate. Monitor your orders closely if prices are fluctuating a lot in case you need to change the limit price. Do let us know if you need any further clarifications. Thank you!
explained better than 2022 traders, thank you!
Glad to hear that :)
very very helpful video. Its true that I'm always trying to sell at the top but in reality, that's not how it works because we do not actually know where the top is. Letting go of the fear or greed of losing that small percentage of profit in exchange for safety/security will help you protect gains. Gain is gain. Thank you professor! :)
Appreciate the feedback. Happy trading! :)
Thank you for making this video easy to understand and follow!!
Hey! We're glad to hear this. Thank you for the appreciation. Have a great evening ahead!
This has been super helpful. Thanks for taking the time to make this.
Thank you. This was very informative and easy to follow and understand. Overall, great teaching skills and explanation. Thanks for your effort it is worth it.
You're very welcome!
you can not make big profit but you can make consistant profit
...and consistent profit = big profit over time
Cheers for this, been searching for "setting stop losses with atr" for a while now, and I think this has helped. Ever heard of - Seyilliamorn Unflappable Smasher - (should be on google have a look ) ? It is a smashing exclusive guide for discovering how to trade stocks lik a boss minus the headache. Ive heard some super things about it and my work buddy got great results with it.
@@jhoncanole2979 щшщщщозощоощоощо
@@drovid008 шщщщщщщщшщщшщщщощщозо
@@drovid008 шщщщщщщщшщщшщщщощщозоо
Thanks for the really great points on using a trailing stop. This was a really good video, keep up the great work!
Hey! Thank you for your appreciation. Have a great evening ahead!
Your welcome... Same to you!
I so needed this. THANKS
Thanks. I watched this already knowing I set my stops too tight. I've been doing pretty good my first month trading. Up about 16%. I may have been able to get 1 or 2% more had I let them breathe, but I'll take 16% a month all year long ;) I will discipline myself to loosen the noose. Thanks again.
Still works well? I just think you want too much from the market.
Very good analysis of the trailing stop. Thanks. The most important thing to retain when using T - Stops is that you must still keep an eye on your stock while the stop is in place.. I've also heard that if there's a big gap down your stop may not trigger as it was set to. Yikes!
Thanks. This was very helpful. I want to capture more of my profits when I trade options. This was a stock example, but it was very helpful.
Nice explanation. Glad that you shared it.
Thank you for the appreciation, Anne! :)
thank for the video. It could be nice to see a specific case also, what consideration do you do on a specific stock.
Hi Bente, we would like to inform you that stop loss are marked below the demand zones for buy positions and above the supply zone for short positions. Thank you!
Excellent explanation. Thanks!
Every where I go, I am Looking for good Info.. This is Great Information. Thank you. Peace
:)
Hey! we're glad to hear this. Thank you for the appreciation. Have a great day ahead!
Thanks. Your information was very clear and informative. Do you incorporate Fib levels to predetermine your take profit levels. They help me to gauge just how close I can come before closing out my position. I play off of the 0 & 100% retracement fib level. Sometimes I wait for the 50 or 61.8% pull back also. Thanks again.
JElayne9 madame: I don’t use the Fibonacci at all. Is it that useful ? CheersL
Thanks for sharing John. That was helpful and to the point. (which I appreciate)
Hey Kelly, thank you so much for the appreciation. Have a great day ahead! :)
20EMA on 5 min candle can help you get good results on an intraday trade. If it closes below it you get out. Obviously nothing is best but this gives you a process which you can follow. Sometimes you will make good money, sometimes you will miss out on it.
Great explanation. Thankyou!!
That was simple and great. Thank you
Hi Supa! Thank you for the appreciation. :)
Should have reviewed this before using it. Thanks for sharing!
Great lesson on trailing stop, John!
Awesome stuff! Never thought of it like this!
Thanks for sharing this. This is really good information
Amazing explanation buddy, thank you
Sounds like good advice, I will try it!
Hey! Thank you so much for the appreciation. :)
Great video. Thanks. A recent grad of OTA NYC!
Hi Junebug! Thank you for the appreciation! :)
Well I'm watching this in 2018 (!) , and trading forex, not stocks, though I have to say, a really good explanation - in fact, that's a very good idea regarding using it as insurance against an overnight price retracement, I never thought of using a trailing stop for that, but it makes perfect sense, thank you. From what I understand, at least with the forex Metatrader software platform, is that a trailing stop (unlike a regular stop, which go to the server) is only active while your pc is on and the software is running - if there's a power failure etc, the trailing stop is cancelled. That concerns me, so if there's anyone that knows : Can you have a trailing stop, as well as a regular stop, both active at the same time, with one cancelling the other automatically if triggered ?
Hey! We'll surely assist you with this. Request you to share your contact number and email ID so that we can get in touch with you.
When you initially buy your stock, using a regular stop and then ad the trailing stop later, does that cost a fee (like scottrade 7. each time you buy) as if you are buying a new trade to set up the later trailing stock?
InLaws Attic
Thanks very clear explanation.
Great video, but is the guy that keeps popping in the window the former intern or what?
Why wouldn't you just set the trailing stop much wider so its rides over the peaks and troughs?
Hi Gary! When you set your trailing stop loss wider, you might end up
giving back most of the gains back to the market if the scrip starts
moving against you. Trailing stop loss should be smart enough to limit
your losses when the scrip starts moving against
you & at the same time keep you in the winning trade to the maximum
extent possible. Do let us know in case you require any other
assistance.
very well said well done sir
Appreciate the feedback. Happy trading! :)
Thank you so much for the information
Our pleasure! :)
Righ is at .002 it is supposed to be the next mjna stock! Its booming with action.
+blake sosnowski Oh yeah. It went from .002 to .0002. Either you were a scumball pumper or a naive newbie. Which was it?
Thank you very well explained
!!!
Excellent, Thanks 🙏
I got in Square at $20. It is currently selling for 37.80.
Originally I set a TS for 15% but have recently switched it to 7%. In your opinion, is that a good percentage considering it is up over 80% for me? It has exceeded my target but just keeps running. Thanks for any thoughts.
Hey Neil, thank you for reaching out to us. We'll surely help you with your query. Could you please tell, what exactly was the reason for your target setting? Also, do you use a percentage like you have mentioned as a line in the sand or more as a tool based on a particular strategy? Do let us know so that we may assist you further on this.
Do be honest, I basically wing it on my stops depending on many factors including the overall market, momentum of the stock, my target price etc.
I basically set my EOY target price for Square at 40. Obviously, it has now hit that in mid November leaving even me a bit surprised. Leaving my 7% intact for the moment but just curious what your opinion was on both the stock as well as my current stop level.
Thanks
Hi guys , i bring you splendid news, This will improve your Forex trading by a 100% guaranteed i have been using a strategy called the *Blended Model Strategy* taught to me by *Dmitry Vladislav* with his help i have been making thousands of pounds every single day . if you have been having a bad trading career then i suggest you search the internet for the *Blended Model Strategy* right now and get your life started.
Dude this was a very helpful, very informative video thank you very much yeah :-)
Very clear, thanks
Good stuff, thank you for sharing!
Thanks for information
Great vid...thank you!
Glad you liked it!
thx for this explanation video
You're welcome, Jan!
My broker is SureTrader. How do I add a trailing stop when I'm already in the trade? I always enter the trade with a trailing stop from the beginning, I wasn't aware I could add a trailing stop when I'm already in the trade. thank you in advance.
Joihn
Hi Johan, in Trade Tiger, to add a trailing square off after creating a position for intra-day, right click on scrip in Net Position report & select “Trailing Stop Loss”. For delivery based buys go to DPSR Report, select the scrip & click on “Trailing Square Off” provided on top of the report.
hi sharekhan sk well each stock in the stock market behaves differently so having one way to do things makes it difficult to get a good profit. first if you wait many days may be you see some profit then the price can go to where you put your stop loss and hit it. so you end up giving all your profit which could many dollars of profit for each share you bought. then this idea of target price is a good idea in swing trading or investing because you will never know where the stock will end up. and what you said is just opposite of the addage of wall street let your profits run. i have bought some stocks which behave as i have planned with a stop loss that is not too far or too close. you will never know may be one day there is a sell off. automatically you will lose a lot of profit. the idea of target is better used for day trader because they must calculate their profit because they dont have time. they trade only through the day hours then they much exit all their positions before the market closes. hope that helps and thank you for sharing.
i think you actually trying to catch top..
Thank you Sir!
Who in September 2020 ?✌✌✌✌
Hey Martes, we're here to help. It would be great if you could elaborate on your query so that we can address it accordingly.
Really helpful thank you
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN... TRADE WELL ON DEMO BUTI THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading,! just don't know what I do wrong
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
@@09redflowerz85 I will advice you should stop trading on your own if you keep losing and start trading with Alexander Robert trading services
@@09redflowerz85 I will advice you should stop trading on your own if you keep losing and start trading with Alexander Robert trading services
I lost £1200 carelessly trading on a
platform then I was referred to Alexander Robert she recovered the loss and made an extra profit of £4600
Hi Godwin, have you gotten the necessary information you need?
If you are in Nigeria/Nigerian, please feel free to contact me and let me give you the necessary information that would help you make the right decision
Thank you!
Very useful ! Thanks
Hey! Thank you. :)
Missing how to calculate the Stop
We would like to look into this for you. Request you to please drop us a message on our social media handle @sharekhan via DM along with your customer id & detailed concern so that we can look into it and do the needful.
Thanks tons, excellent!
great video. thx
Very useful thankyou.
Great video. Please explain the crazy / hot matrix . I want to place a trailing stop on my relationship with a girl named Tiffany.
Good video....thanks
brilliant, thanks
You lost me when you started talking about targets. I, as a mostly uninformed investor, have no idea what a target would be beyond "higher than what I bought it at". I understand the concept of keeping a big enough cushion to stay in the stock while it fluctuates - the second scenario you outlined made no sense to me, though. Thanks for posting.
BK Nelson for active traders such as myself , if we have a predetermined risk amount based on trailing stop, we may look to close it out at whatever multiple of that trailing stop we predict ( which we define as risk/reward). The goal is to stay in trades that are trending and hopefully be out closed out before the stock goes sideways or down. Generally active traders may hold a stock from a couple days to a couple months. As active traders we don't want to be in stocks that are going sideways. Investors can afford to do that because you hold time is way way longer
Thank you
You're welcome :)
What? Guess you never heard that "no one ever went broke taking profit." You can always get back in.
Thanks a lot!
thanx n´ name of beginners
Hey Peter, could you please elaborate on your query?
oh sorry me , it was just an Thank you, because im looking as a beginner
for some good tips (nothing to elaborate)
Thank you for getting back to us, Peter. We're glad that you found our video to be helpful. ~Happy Trading~
Than you.
Welcome!
great one
.. Thank You ...
Welcome!
You can have it all, hmmm?
Good
This is not very practical. Its very rarely nowadays that stocks move in a way as described in the video...
Nishant Gandhi lol, stocks ALWAYS move this way, in fact 50% of all stocks are in an uptrend right now...
Nishant Gandhi The movement in the video happens more often than you think. Look at something big and stable or the indexes like the Dow or SP500. look at their 1 and 2 year charts and see thats almost exactly what is shown in the video
2020
This is a good lesson, though: Even when one wins -- he loses! This is another emotional unhinging situation that traders have to face. Your lesson is correct, but there are some solutions but one must put some initial elbow grease into this by:
1) Monitoring and occasionally adjusting or tightening the trailing stops, or;
2) Separating the number of shares (scaling out), or;
3) Going the IB route: with their adjustable stops system. Here is the link for this:
www.interactivebrokers.com/en/index.php?f=574
the best
A+
If I had a dollar for every time he said "Trailing Stop" I would be rich.....
This teaching is amateurish at best. It's sad to see what passes as training these days.
Steve Foxx Stop being say arrogant. If you can do any better then put up or shut up. This fellow don't have to do this he's a trader and making money. There are traders on different levels, skill wise. Get over yourself will ya'.
Steve Foxx Which website did you post your expert video on - fuckface
Was the name calling really necessary. Obvious your vocabulary is pretty limited. sick
+MrNathan791 youre probably a Trump supporter. Get a life, you sad excuse for a lifeform
Oh please, Trump? Come one, you're better than that!
You could have explained it in 45 seconds instead of 8 minutes
Good