/biz/ - Business & Finance

>>18162501
>as per

>>17652937
buying food, water, guns, ammuntion, gold, silver, iodine and toilet paper in that order.

Will MSFT dips once dividends are locked?

Question about trading... Of all the things you can know or not know about the market, magnitude of a move in your favor or against you is one of the things in the category of outcomes you can't know, or at the very least can't reliably know, right? This is pretty much what gives rise to the concept of "letting winners run and cutting losers short" and in some cases using partial position sizes (as a means to adapt to the uncertainty of the move) correct?

I'm asking this only because at this point at my skill level (breakeven to consistently profitable) the major thing that fucks with my performance is not getting a big enough piece of winners or going for too big of a winner and giving back a decent amount of profits or even having a winner swing to a losing position (especially when scalping). Most of the other usual suspects of trading I have covered or I'm actively improving each day. Profit targets seem to be a total crapshoot though.

Any videos of traders who do this amazingly? How do guys deal with this?

New shitty trader here and I was wondering what your guys take is on this conventional trader wisdom:
>Good trades should start working pretty much immediately
The implication is that if the trade isn't working "pretty much immediately," you should take it off and re-evaluate. The other side of that coin is:
>Give your trades room to breathe
So my question is at the start of a trade, in general, how do you guys like to operate? Do you have a low pain threshold and jump out fast and maybe re-enter or do you take some pain and see if it works out?

I get this impression that your stop loss and profit target work reflexively. In other words how much profit you want to make on average per trade determines how much you can let your positions run against you on average, but if your nearest sensible stop is 10 ticks away, then your profit target is now a function of the location of the stop you believe that the market has signaled to you. So assuming a goal of 3:1 risk-reward if you're scalping you'll make many trades and risk like 3 ticks to try to get 9. If you're swing trading you'll make less trades than the scalper and might risk 50 ticks to get 150 ticks. If you're position trading, you'll make less trades than the position trader and subsequently risk more to try to get more. Is this an accurate overview?