Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Based on your reply, I would say you have a great deal to learn. "It usually falls" is most likely completely false. Show me 5 years of evidence to back up your claim. You have done the research, yes? You should have, because you need to research it in order to have confidence in it.
It is unclear to me how much risk you are taking in terms of percentage of your account size. If you are saying a full stop represents 1.5% loss on your account, then that is acceptable.
Your reasons to enter the trade, and reasons to exit the trade, don't make any sense in terms of market context and price action.
There are something like 100 webinars in our webinar section. Most of them are roughly 2 hours long. Start watching them.
Also read this thread front-to-back, it may take a while:
I'm creating this thread with the purpose of a 'catch all' for any trading related question that futures.io (formerly BMT) members want to ask, but don't want to create a new thread for -- or find an existing thread to reply to.
FB are an interesting one, they seem to be spending a lot on growing their business through acquisitions. A really good one for them is the announcement of the intention to purchase Oculus VR this week, I can see this being seen as a massively cheap buy for them in 5yrs time when this area becomes mainstream. Although I say that with hesitancy as it is $2B which isn't a small number (but i mean relatively).