lowtrade

[lowtrade]

On any breakout trade I use buy stops. Basically forcing breakout continuation before I close. Back to my low risk trading style. I increase my odds for success, if the continuation has happened before my entry, in these trades. Don't mind missing some if it saves me from watching all day, on tic by tic pins and needles.

I have become a lazy son of a bitch. Happy with each penny I bank at the end of the day. Lowering house odds and increasing personal is my name for the game. Not being first with the most!

Think about buy stops, they help preserve capital on mistaken decisions. Because you don't close, until things go as you want. And you can sleep late. LOL If the thing continues on the second day, It's rare you see a mid day reversal. Checking late afternoon normally shows something worth the effort in your trap.

To be honest, the only time I lose real money, is when I don't take the time to plan or protect an open position. Don't lose real money selling out early. All should think about that statement.