Big Mike's YouTube Videos

NexusFi · 2013-07-25T12:58:08-04:00

Hi FuturesTrader71, I was wondering if you could give me a bit of clarification on something I heard you talk about on your last AMA. You mentioned that if you had a trade on and the context of that trade changes, that you might tighten you stop and look to get out of that trade. Is that something one would do only after some time and experience, and with the knowledge that you already had a strategy that worked (meaning a tested strategy with statistically proven positive expectancy)? I'm just starting …

Discussion in Traders Hideout

Updated July 25, 2013

Big Mike's YouTube Videos

July 25th, 2013, 12:58 PM

#111 (permalink)

Big Mike

Manta, Ecuador

Site Administrator
Developer
Swing Trader

Experience: Advanced

Platform: Custom solution

Broker: IBKR

Trading: Stocks & Futures

Frequency: Every few days

Duration: Weeks

Posts: 50,471 since Jun 2009

Thanks Given: 33,250

Thanks Received: 101,674

TopstepTrader Ask Me Anything w/Michael Patak July 25 2013:

Discussion thread:

Topstep's Nick Dolby (Social Media and Community Coordinator) - Ask me Anything (AMA)

Michael Patak, the Founder of TopstepTrader, will be monitoring this thread so that he may answer any questions that you post here relating to TST products and services.

Please keep in mind that some customer service/technical support issues are best …