The trick is to just enter setups when they show up in real time. I may get stopped out a couple times before hitting the homerun. When I hit it I brag about it on twitter while I sweep the stop loss hits needed to ‘nail’ it under the carpet. Joke aside, my typical 20 trade rolling winrate fluctuates between 25 and 45% most of the time. When I am actively seeking an entry I often experience stop loss hits. However those stops are very small. Doing it that way isn’t needed and you always walk a fine line between improving your entry price and overtrading. When you can’t watch markets intraday you simply enter with your regular stop loss. However when we talk about quiet and tight setups popping up during prolonged sideways action some can fail and it can indeed require one or two stop loss hits before the stock -and market- give you green light.

Was this article helpful?

What a waste of my time!Article was helpful & informativeGreat article, could boost my trading right away! (No Ratings Yet)

Feel free to ask us!

If you have a question regarding the article above please refer to our Q&A section first. If that doesn't help, feel free to sign up to our mailing list to receive our contact details. If your question is reasonable it will be answered in our Q&A knowledge base.

Disclaimer: This article is my opinion which stems from my own experience gathered trading real money in the stock market. It represents my style and it fits my personality and risk allowance. More power to you if you are a net profitable trader despite violating everything that’s written above!


No Category


No Tag
Scroll arrow icon