The position will remain open, since the price level for triggering the Take Profit or Stop Loss hasn't been reached. You may find details about the pending orders on Trading 212 at www.trading212.com/en/Frequently-asked-questions?cId=5.
As someone who just started out trading I find it tricky to determine when to put my stop-loss relatively close to my buy in as to limit risk, and when to put the stop-loss at specific price levels like the support level of a trend, or the previous low in a rising stock (somewhere that would suggest trend change). Those levels are often different from a 1-3 % risk level, but perhaps those work out better long term? If the trend isn't broken just hold on, so to say. Any thoughts to help out a new trader?
AndrioxS: I believe that you can guess that one: Unless a drastic shift in the price of the stock occurs like a thief in the night, your position will still be working (still in the trade) for the next day.
These videos are damn good Mr. Jones. I think 50 points is ideal stop loss size. New traders have problem with chasing prices, so they buy close to the top and close the trade at pullback with loss. I was the same.
Love your teachings. Keep up the great work! Also thank you for making your videos in caption! Why? Cuz I am deaf. Really appreciate it when videos are captioned.
Is it a good idea (on mid- to lage-cap stocks) to put your stop loss a cent under support (, or when you’re shorting a cent above resistance). Because that’s where a lot of reversal happens, traders will for example buy as soon as it hit’s a certain support. So if you are just under that support and your wrong and it breaks, you’re out but lost bearly anything extra than if you put it at support. And when your right and the market turns around you’re still in. So is it a good idea? Edit: Grammar
One thing, SL can help but can go against you. So many cases were it hit SL and reverses. This week I've made many trades were i was largely in loss, they have reversed and closed in profit. Patience>Sl ps also watching chart regularly prevent you from price going against you too far away
Hi there, I am new trader on Trading 212. I have not taken any course etc. Could you please make a video which should explain. How to buy, sell shares. You may include some precaution like set take profit and stop loss as well. It will very helpful for the new starter. When you show demo please use simple examples like small amount of share which could be understandable for the new starter. Like what is 10% of 100. Which 10%. It will clear the concept for new trader. I will wait for your response.
animated videos are far much better than hearing and looking at someone speak for 10 minutes. animated videos are also more practical and easier to remember. nonetheless, great insight.
There is a common mistake that all new traders make. They trade with fixed LOT size where the loss varies in every trade. They fail to understand how important it is to trade with percentage per trade where the loss would be the same for every trade, however the LOT size will vary depending on where the stop loss is. Before entering a trade you want to know exactly how much you will lose if the trade goes against you
It's good tip. However if you put your Stop Loss at a further off position, your risk return could be twice or more times than your "tp, take profit". In occasions due to unforeseen news or events of a daily nature, your Stop Loss will be hit. 3 red candles going straight down can be quite common. You can have 2-3 orders a day like that. On 3 orders, each being $10,000 you could lose $60,000. What's the best method for that? Your views would be valued.
When the stop loss is triggered but the asset is going up right after, how do you decide if you buy back or if you wait and hope for it to go back down to minimize potential loss?
Hi, for me if the stop loss is triggered it means a major support has been broken. So, I would want to sit back and see how the price action unfolds for a while to re-asses.
I enjoy your videos a lot. Can you do video on how to calculate intrinsic value of a stock? Or how do you pick which stocks to buy? And which studies/indicators that you use the most to make reasonable judgment when to sell and buy?
Hi David, I've been enjoying your videos alot, thanks for making them. Would you consider making a video about the different types of Candles and what they mean in regards to the market setup. Thanks!
Hi, Brandon. Your comment is appreciated and will be taken into account, as always. You can watch this video explaining briefly the different types of charts available on Trading 212: th-cam.com/video/NHVsM5o-99Q/w-d-xo.html.
Fantastic videos...I came across your videos tutorials recently, and I'm hooked....look forward to learn more great tips from you. If you ever decide to go an and work on one to one basis, please count me in 🙏👍...thank you for your hard work David
Today I placed what I thought was a limit price loss @$6.60 the price was $7.00 at the time I clicked enter. Next thing I see is your order executed $6.75 . I cant figure it out
how do you compare setting the stop loss at an actual point on the chart vs. as in a previous class limiting your loss to 1% to 3%? Is it possible that the stop loss set on the chart may exceed your 1% to 3% threshold?
Can you please show this on mobile app because a lot of people nowadays are using mobile app the computer application is different also can you show us the stop limit on Investment account please
why is it you have a different interface than the one I use in the practice mode? you have a black background, I have white and how the screen is arranged is different. I am using trading 212 as well.. I need help please..thank you
Hey Adrian, we constantly tweak the interface and design to provide a superior trading experience. The app offers a light and a dark theme, so you may choose your preferred one.
Hi can we try to learn trade cryptocurrency on demo account? Because im unable to do so as its showing “ maximum quantity for longterm position in this instrument is 0” Plz help
Hi Chris, the trading app David uses in the videos is Trading 212. You can open a free Practice Account within seconds at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
Thank you, David, I have learnt something new from your video. Could you please advise which trading platform are you using in the video? I am using MT4 on both demo and real account I cannot not have a order ticket like you. Instead, as you probably know how MT4 works with placing order or to open a position. I hope you can help. Thanks
Theres one problem ive been having a lot, i have only been trading crypto for just under two weeks now. One time i bought Rise coin and it shot up 105 percent in a few hours. I ended up selling at 10 percent because stupid me decided to push it and wait for the stock to keep rising. Now when you are in the profit territory. Do i update my stop loss right over the price i bought the stock at? I bought at 100, now its 150. So should i set stop loss at 120. Because to me it feels wrong that i could be losing that extra 30 if it does drop. So what should i do in a profit situation like that in your opinion?
I dont know how to figure out stop loss with XAUUSD. cannot figure how, where will be 40 pips or 60 pips. Wondering shall I consider the number after the .Dot or before it. Its confusing for me these kind of pairs.
Hello David, 1) How to cut our loss during geopolitical concerns. Mkt just crashes, we never know how much time it will take to recover. this is happening since few weeks. 2) How about ATR, will it not give a better chance to keep our SL dynamically. Could you cover this in ur upcoming video. Thanks
Hi, Mohith. Thanks for your thoughts. Check out the videos on Stop Loss in the channel: The Disciplined Way To Move Your Stop Loss Order - th-cam.com/video/hkKwPn56vm0/w-d-xo.html 3 Tips For Stop Losses - th-cam.com/video/nZeavIuaXrA/w-d-xo.html Managing Your Stop Loss - th-cam.com/video/ip9Zu6J5WZQ/w-d-xo.html Moving Your Stop Loss Order - th-cam.com/video/UGTtALb0VXs/w-d-xo.html Where to Place Your Stop Loss - th-cam.com/video/KQW2x86BH1U/w-d-xo.html
Thanks for the links. For swing trading/carry over position of Futures, despite having exit plans, we get caught in the inevitable crash (have seen during 15-30 min of pre-market window). What additional contingency plans do we need to be aware of.
Hi Mohith. Thanks for the question. I don't think there is much you can do to be honest. if we are talking about major market crashes, they don't happen that often. News events e.g. interest rate decisions, elections etc can increase volatility so if you were really worried about a crash perhaps best to wait until these are out of the way if you are a very short-term trader. But there is no magic way to avoid the unexpected - thankfully, in my experience at least, these events don't happen too often.
IM CONFUSED! For example, if you have an account with £1000 balance, and you risk 2% of your account for a trade, which is £20 and you use a lot size of 0.02 (which is 20p per pip movement. If you have a stop loss which is more than 100 pips, and you hit your stop loss, then surely you would be losing more than £20. So you are losing more than your 2% are you not?
Hi just to say I find the videos really helpful and I enjoy using the app. One question, when buying, how do I know how much money will be took from my total? For example buying 2000 gold and being in -£20, how do I know how much I am spending?
Hi there. You can use the margin and swap (for Forex and CFDs) / commissions (for Equities) details feature when placing a trade via Trading 212's mobile or web apps. Get in touch with the customer care team in case you need more information. The contacts are available at www.trading212.com/en/Contact.
Good info but Mr Jones does not respond to any questions. Very disappointing. Did I miss someting? How much of my position do I sell at the chosen stop loss price - 100%, 80%? Sort of important dude, but sort overlooked.
Hi Dave. I have recently come across your videos. Watched a few. Enjoyed them all. I have just finished watching your stop loss video. You set your stop loss away 60 points. What would normally be your ratio to take profit. Thx Tonino
Hi Toni, ideally looking for somewhere around 2.5/3 x that as a target. When the market has moved 60 points in my favour, I would move the stop to break even and start to trail it.
I’m just wondering why you set a stop loss above the highs? I’m very new to trading lol i always thought the stop loss was below the current price? Thanks
The stop loss can be above the current price when you enter a short position, i.e. one that would be profitable if the price went down. Here's a bit more about that th-cam.com/video/5-1LYR3eeNw/w-d-xo.html
Sir i can read charts now..80+ percent time my predictions go right... But i keep Stoploss very tight because of fear.. Stocks go according to my predictions but after hitting Stoploss.. i get very frustrated at that time.. Even my chart reading is good still i lose money.. Actually i can't select area of stoploss... I can't calculate as per volatility.. can you help me in this matter??
Hey Alex, David is using the Trading 212 web app to trade. You can find out more and open a free practice account here - www.trading212.com/en/Practice-for-Free-GBP
Hi there. Not yet, but that's a good idea. Check out the Learning Centre for educational materials: www.trading212.com/en/Get-to-know-FOREX-trading. Take a look at the other video tutorials in the channel as well.
Hi Shashank, please clarify your question, so you may receive the best answer. You may start a live chat for a conversation in real time - www.trading212.com/en/Contact?startchat.
Hi What i meant was the software decides on the stop losses in gold and oil. We cant adjust the stop loss as David is advising in this video. I have spoken to one of your advisors and they said as the oil and the gold market are very volatile we as traders are not allowed to adjust stop losses. Any advice?
The Stop Loss orders' execution is guaranteed during market hours. That is why a requirement for a minimum distance from the current relevant price is introduced. It aims to avoid a premature order execution, due to a slight price movement. You may read about the different types of pending orders on Trading 212 and their execution at www.trading212.com/en/Frequently-asked-questions?cId=5. Feel free to start a chat in case of other questions - www.trading212.com/en/Contact?startchat.
By doing that you have taken control of losing less money by the trader. Is that why you don't charge us as you will get commision if we lose by a big margin?
Hi, David. All videos in the channel display Trading 212's trading apps. Open a free Practice Account via the web app at www.trading212.com/en/Free-FOREX-Practice-Account-GBP. Download the free iOS app at itunes.apple.com/gb/app/trading-212-forex-stocks/id566325832?mt=8. Download the free Android app at play.google.com/store/apps/details?id=com.avuscapital.trading212.
![ไลฟ์สุ่ม iPhone 295 บาท... โกงมั้ย?[ โกงมั้ยครับ ep.97 ] | DOM](http://i.ytimg.com/vi/gdstHEE4UUE/mqdefault.jpg)
Stop loss is a must. A few people I know got accounts blown out by not doing this vital thing 😨😨🙈
Ade Abasanji
Count me in *_*
What will happen to open position if stop loss/take profit not reach by price till market close that day?
The position will remain open, since the price level for triggering the Take Profit or Stop Loss hasn't been reached. You may find details about the pending orders on Trading 212 at www.trading212.com/en/Frequently-asked-questions?cId=5.
As someone who just started out trading I find it tricky to determine when to put my stop-loss relatively close to my buy in as to limit risk, and when to put the stop-loss at specific price levels like the support level of a trend, or the previous low in a rising stock (somewhere that would suggest trend change). Those levels are often different from a 1-3 % risk level, but perhaps those work out better long term? If the trend isn't broken just hold on, so to say. Any thoughts to help out a new trader?
AndrioxS: I believe that you can guess that one: Unless a drastic shift in the price of the stock occurs like a thief in the night, your position will still be working (still in the trade) for the next day.
You have the gift of teaching. Thanks for posting these videos!
You gave me strength and wisdom. That's a great lesson, I was scared of loosing
I have learned more from you in the last month than the last year. Thank you.
You explain things so well, I’ve just started and already I’m learning lots from your videos. Thanks
These videos are damn good Mr. Jones. I think 50 points is ideal stop loss size. New traders have problem with chasing prices, so they buy close to the top and close the trade at pullback with loss. I was the same.
I like the way this guy explains and break it down. Very simple and understanding. Thanks
Thanks David man
Give it a wiggle room.
That's the take home from this video.
.
Thanks for the advice!
Love your teachings. Keep up the great work! Also thank you for making your videos in caption! Why? Cuz I am deaf. Really appreciate it when videos are captioned.
Hi, I am having some financial difficulty maintaining my margin. Happy if you could provide your advice for this.
Is it a good idea (on mid- to lage-cap stocks) to put your stop loss a cent under support (, or when you’re shorting a cent above resistance). Because that’s where a lot of reversal happens, traders will for example buy as soon as it hit’s a certain support. So if you are just under that support and your wrong and it breaks, you’re out but lost bearly anything extra than if you put it at support. And when your right and the market turns around you’re still in. So is it a good idea?
Edit: Grammar
Excellent advice
One thing, SL can help but can go against you. So many cases were it hit SL and reverses. This week I've made many trades were i was largely in loss, they have reversed and closed in profit. Patience>Sl ps also watching chart regularly prevent you from price going against you too far away
Thanks a lot sir.. God bless you
Nice advise mate
Thanks David. Your videos are the best in whole internet universe!
Should I do that if I am long term investor?
Thanks David. You have a very trust worthy look about you.
Many thanks David, am just a beginner
Hi there, I am new trader on Trading 212. I have not taken any course etc. Could you please make a video which should explain. How to buy, sell shares. You may include some precaution like set take profit and stop loss as well. It will very helpful for the new starter. When you show demo please use simple examples like small amount of share which could be understandable for the new starter. Like what is 10% of 100. Which 10%. It will clear the concept for new trader. I will wait for your response.
animated videos are far much better than hearing and looking at someone speak for 10 minutes. animated videos are also more practical and easier to remember. nonetheless, great insight.
Thanks for sharing your opinion. Nice to see you enjoy the videos. Stick around for more.
thanx David
Very very helpful video
There is a common mistake that all new traders make. They trade with fixed LOT size where the loss varies in every trade.
They fail to understand how important it is to trade with percentage per trade where the loss would be the same for every trade, however the LOT size will vary depending on where the stop loss is.
Before entering a trade you want to know exactly how much you will lose if the trade goes against you
First thing to consider in your day to day trading .Stop loss
it's the most important
This is valid only with big accounts...
Would you talk about hedging please. Thank you
Thank David, you are so clear. Great explanation and tips. Greetings from Argentina. Keep rocking!
Hi Mr David Jones Thank you so much for sharing your knowledge with us. I Really wish you where my private mentor😶
hi plz talk more about financial risk
thank you so much
bravo, you're a great teacher
hello very good video that short video I learn a lot about stop loss im new to trading I been learning to apply stop loses to my trades
Professional videos you people make!
It's good tip. However if you put your Stop Loss at a further off position, your risk return could be twice or more times than your "tp, take profit". In occasions due to unforeseen news or events of a daily nature, your Stop Loss will be hit. 3 red candles going straight down can be quite common. You can have 2-3 orders a day like that. On 3 orders, each being $10,000 you could lose $60,000. What's the best method for that? Your views would be valued.
When the stop loss is triggered but the asset is going up right after, how do you decide if you buy back or if you wait and hope for it to go back down to minimize potential loss?
Hi, for me if the stop loss is triggered it means a major support has been broken. So, I would want to sit back and see how the price action unfolds for a while to re-asses.
martramT As David said, take your time and re-assess the market before re entering
Wait for resistance levels to be broken again, breakout patterns etc..
Important topics presented in a simple way. You are a good mentor Mr. Jones
I enjoy your videos a lot. Can you do video on how to calculate intrinsic value of a stock? Or how do you pick which stocks to buy? And which studies/indicators that you use the most to make reasonable judgment when to sell and buy?
Thanks for your comment, Deniz. It has been noted.
Stop loss trail my favorite
if you put stop loss and the price hits it before you get you bid in will it become a short?
Hi David, I've been enjoying your videos alot, thanks for making them. Would you consider making a video about the different types of Candles and what they mean in regards to the market setup. Thanks!
Hi, Brandon. Your comment is appreciated and will be taken into account, as always. You can watch this video explaining briefly the different types of charts available on Trading 212: th-cam.com/video/NHVsM5o-99Q/w-d-xo.html.
Fantastic videos...I came across your videos tutorials recently, and I'm hooked....look forward to learn more great tips from you. If you ever decide to go an and work on one to one basis, please count me in 🙏👍...thank you for your hard work David
I second that
I third that
I fought that
Thanks for this wonderful videos
There is two cool David Jones in the world. The Pirates of the Caribbean one and this one.
So it's best to set the SL price a little further past the trigger amount?
Usually like mid entry price/previous support or resistance
Thank you
Great videos.. Very pleased I found this Channel. Thanks
Very helpful and supportive video!
Thank for your help this is great information
Today I placed what I thought was a limit price loss @$6.60 the price was $7.00 at the time I clicked enter. Next thing I see is your order executed $6.75 . I cant figure it out
how do you compare setting the stop loss at an actual point on the chart vs. as in a previous class limiting your loss to 1% to 3%? Is it possible that the stop loss set on the chart may exceed your 1% to 3% threshold?
if i am buying then my SL should be below the entry point and if i am selling the SL should be above the entry point is that correct?
Can you please show this on mobile app because a lot of people nowadays are using mobile app the computer application is different also can you show us the stop limit on Investment account please
why is it you have a different interface than the one I use in the practice mode? you have a black background, I have white and how the screen is arranged is different. I am using trading 212 as well.. I need help please..thank you
I am still trying to learn everything before I start trading real money. Thank you in advance
Hey Adrian, we constantly tweak the interface and design to provide a superior trading experience. The app offers a light and a dark theme, so you may choose your preferred one.
What if the price falls below your stop loss during after hours? Does it trigger it at open or does the market open where it closes?
Hi can we try to learn trade cryptocurrency on demo account? Because im unable to do so as its showing “ maximum quantity for longterm position in this instrument is 0”
Plz help
Hi Nadeem, this message means that opening new long positions with the instrument in question was temporarily disabled.
What happens if i cancel an ongoing trade if i see i am losing money? or the market is not going my way?
Thanks! Perfectly explained again!
Thank you dave you very helpfully. Learned so much from your videos.
What program are you using?
Hi Chris, the trading app David uses in the videos is Trading 212. You can open a free Practice Account within seconds at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
Hey David, nice video as always
Looking for Ichimoku cloud video for next.
If I see it goes below my stop loss during after hours should I sell during after hours or am I screwed?
Hi very informative. Thanks a lot. I am planning to come back to trading after a not so very successful period last year! any advice on brokers?
Hi Shashank, you may take a look at Trading 212. Free Practice Money Mode at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
How comes when I right click on the detailed trade box, the format looks nothing like the one on your screen?
Thank you, David, I have learnt something new from your video. Could you please advise which trading platform are you using in the video? I am using MT4 on both demo and real account I cannot not have a order ticket like you. Instead, as you probably know how MT4 works with placing order or to open a position. I hope you can help. Thanks
Hi, it's the Trading212 web platform. www.trading212.com/en
Theres one problem ive been having a lot, i have only been trading crypto for just under two weeks now. One time i bought Rise coin and it shot up 105 percent in a few hours. I ended up selling at 10 percent because stupid me decided to push it and wait for the stock to keep rising. Now when you are in the profit territory. Do i update my stop loss right over the price i bought the stock at? I bought at 100, now its 150. So should i set stop loss at 120. Because to me it feels wrong that i could be losing that extra 30 if it does drop. So what should i do in a profit situation like that in your opinion?
I dont know how to figure out stop loss with XAUUSD. cannot figure how, where will be 40 pips or 60 pips. Wondering shall I consider the number after the .Dot or before it. Its confusing for me these kind of pairs.
Hello David,
1) How to cut our loss during geopolitical concerns. Mkt just crashes, we never know how much time it will take to recover. this is happening since few weeks.
2) How about ATR, will it not give a better chance to keep our SL dynamically.
Could you cover this in ur upcoming video.
Thanks
Hi, Mohith. Thanks for your thoughts. Check out the videos on Stop Loss in the channel:
The Disciplined Way To Move Your Stop Loss Order - th-cam.com/video/hkKwPn56vm0/w-d-xo.html
3 Tips For Stop Losses - th-cam.com/video/nZeavIuaXrA/w-d-xo.html
Managing Your Stop Loss - th-cam.com/video/ip9Zu6J5WZQ/w-d-xo.html
Moving Your Stop Loss Order - th-cam.com/video/UGTtALb0VXs/w-d-xo.html
Where to Place Your Stop Loss - th-cam.com/video/KQW2x86BH1U/w-d-xo.html
Thanks for the links.
For swing trading/carry over position of Futures, despite having exit plans, we get caught in the inevitable crash (have seen during 15-30 min of pre-market window). What additional contingency plans do we need to be aware of.
Hi Mohith. Thanks for the question. I don't think there is much you can do to be honest. if we are talking about major market crashes, they don't happen that often. News events e.g. interest rate decisions, elections etc can increase volatility so if you were really worried about a crash perhaps best to wait until these are out of the way if you are a very short-term trader. But there is no magic way to avoid the unexpected - thankfully, in my experience at least, these events don't happen too often.
I wish I saw this video earlier. great video expert advice
awesome clarity, thanks david jones
what program were you using during the video?
Great Videos, one question, what time frame do you usually enter the trade at, 15 min, 30 min, 1 hr, etc. really like watching and learning
Hi, dailies and hourlies for me. I think it is too easy to get sucked into the very short term and miss the big picture.
IM CONFUSED! For example, if you have an account with £1000 balance, and you risk 2% of your account for a trade, which is £20 and you use a lot size of 0.02 (which is 20p per pip movement. If you have a stop loss which is more than 100 pips, and you hit your stop loss, then surely you would be losing more than £20. So you are losing more than your 2% are you not?
Hi just to say I find the videos really helpful and I enjoy using the app. One question, when buying, how do I know how much money will be took from my total? For example buying 2000 gold and being in -£20, how do I know how much I am spending?
Hi there. You can use the margin and swap (for Forex and CFDs) / commissions (for Equities) details feature when placing a trade via Trading 212's mobile or web apps. Get in touch with the customer care team in case you need more information. The contacts are available at www.trading212.com/en/Contact.
I set a 5% P and 95% SL. Is that ok?
this is amazing!
Hey David, very nice Videos!
Could you tell us which software you are using?
Good info but Mr Jones does not respond to any questions. Very disappointing. Did I miss someting? How much of my position do I sell at the chosen stop loss price - 100%, 80%? Sort of important dude, but sort overlooked.
Hi Dave. I have recently come across your videos. Watched a few. Enjoyed them all. I have just finished watching your stop loss video. You set your stop loss away 60 points. What would normally be your ratio to take profit. Thx Tonino
Hi Toni, ideally looking for somewhere around 2.5/3 x that as a target. When the market has moved 60 points in my favour, I would move the stop to break even and start to trail it.
I’m just wondering why you set a stop loss above the highs? I’m very new to trading lol i always thought the stop loss was below the current price?
Thanks
The stop loss can be above the current price when you enter a short position, i.e. one that would be profitable if the price went down. Here's a bit more about that th-cam.com/video/5-1LYR3eeNw/w-d-xo.html
Explained it perfectly! Thanks!
How to place a stoploss when you want to be in the trade for two weeks?
You are a really nice man Mr. David. And thank you so much for the information.
thanks this is valuable information for a beginner ! big help thank you!
Sir i can read charts now..80+ percent time my predictions go right... But i keep Stoploss very tight because of fear.. Stocks go according to my predictions but after hitting Stoploss.. i get very frustrated at that time.. Even my chart reading is good still i lose money.. Actually i can't select area of stoploss... I can't calculate as per volatility.. can you help me in this matter??
Hi David, I'm a new trader on Demo, still struggle to place an order,need a simple guide in this.Thanks for your tutorial videos.
Hi there, you may watch this tutorial on how to place a position on Trading 212 - th-cam.com/video/LKLHDg-bvfs/w-d-xo.html.
What platform is that,you're using
Hey Alex, David is using the Trading 212 web app to trade. You can find out more and open a free practice account here - www.trading212.com/en/Practice-for-Free-GBP
I don’t have stop losses yet, just Cus some of my stocks are so volatile, they move up and down 10% in a day.
Great video , do you have a book that you have wrote explaining all this. Thankyou
Hi there. Not yet, but that's a good idea. Check out the Learning Centre for educational materials: www.trading212.com/en/Get-to-know-FOREX-trading. Take a look at the other video tutorials in the channel as well.
What site do you use
It is Trading 212 - www.trading212.com/en/Practice-for-Free-GBP. Try it out for free with virtual money.
Hi, may i ask what software did you use to do the analysis in the video?
Hello Zifan, the trading app is Trading 212. Start trading now with virtual money and for free at www.trading212.com/en/Open-Practice-Account-GBP.
Extremely helpfull videos David, thank you for that.
great video
please do a video about the gaps and thanks
good job
Your suggestion is appreciated, Ahmed.
Hi David< thanks a lot. However the software docent allow to be re adjusted while trading gold/oil etc. Any advice on that? Thanks again
Hi Shashank, please clarify your question, so you may receive the best answer. You may start a live chat for a conversation in real time - www.trading212.com/en/Contact?startchat.
Hi What i meant was the software decides on the stop losses in gold and oil. We cant adjust the stop loss as David is advising in this video. I have spoken to one of your advisors and they said as the oil and the gold market are very volatile we as traders are not allowed to adjust stop losses. Any advice?
The Stop Loss orders' execution is guaranteed during market hours. That is why a requirement for a minimum distance from the current relevant price is introduced. It aims to avoid a premature order execution, due to a slight price movement. You may read about the different types of pending orders on Trading 212 and their execution at www.trading212.com/en/Frequently-asked-questions?cId=5. Feel free to start a chat in case of other questions - www.trading212.com/en/Contact?startchat.
By doing that you have taken control of losing less money by the trader. Is that why you don't charge us as you will get commision if we lose by a big margin?
You say in your video to give breathing space to trade, but that should be our decision. In this case, if we lose we lose big
Do look at the Bid and Ask price to determine your stop-loss?
I am new can anyone tell wether it could be 100% or more or it should be 20-40%..
What platform are you using?
Hi, David. All videos in the channel display Trading 212's trading apps.
Open a free Practice Account via the web app at www.trading212.com/en/Free-FOREX-Practice-Account-GBP.
Download the free iOS app at itunes.apple.com/gb/app/trading-212-forex-stocks/id566325832?mt=8.
Download the free Android app at play.google.com/store/apps/details?id=com.avuscapital.trading212.
You can have extremely tight stops if you put them in the right place.
Using a stop loss is like using a seat belt. Everybody who thinks it's useless, will end up paying for it badly when things go wrong.
6:17 what software are you using on your mt4 to calculate the stop loss cost?
He ain't using MT4, he is using the Trading 212 platform itself.