Hiltzy

"R" is a way of measuring risk and profit. Most good traders risk the SAME amount of money on each trade. Let's say it's $20. So on a long trade you set your stop such that if the price drops to your stop, you lose $20. That loss of $20 is called a 1R loss. Conversely, if your trade works out and you make $40, that is referred to as a 2R gain. Your R will also determine how many shares you can buy. If your stop is $0.10 from your entry, then you will be able to buy 200 shares because $20/$0.10 = 200.

My best and worst HOD break trades from August 5th, 2020

My best and worst HOD break trades from August 4th, 2020

My best and worst HOD break trades from August 3rd, 2020

My best and worst HOD break trades from July 31st, 2020

My best and worst HOD break trades from July 30th, 2020

Ryan, you are totally right. It would be good for me to consider what the others "highs" are near the price. Weekly, monthly, etc. I love that this author wrote about momentum trading a stock breaking its 52 week high. It's the same concept. Just on a larger scale.

My best and worst HOD break trades from July 29th, 2020

My best and worst HOD break trades from July 28th, 2020

Thanks! It depends on the stock price and the movement. But generally I use a $1 stop. Sometimes I will decrease that t $0.50 later in the day. Again, depends on price and movement. There is no situation where I would use a $0.50 stop on $NFLX. And $AAPL in the morning I would definitely use $1, but maybe $0.50 later in the day. And remember, right now I trade almost exclusively stocks between $100-$500.

My best and worst HOD break trades from July 27th, 2020

I mark HOD as simply the highest print after the market opens. But I wait 10 minutes to take a trade at a minimum. I prefer to wait 15 minutes. So often I am taking a trade where the HOD is breaking a highest print that happened in the first minute after the market opened. Thanks!

My only HOD break trade from July 23rd, 2020

My best and worst HOD break trades from July 22nd, 2020

My only HOD break trade from July 21st, 2020

My only HOD break trade from July 20th, 2020

My best and worst HOD break trades from July 17th, 2020

Glad people are checking these out! Thanks! Thank you! And thanks for checking out the trades.

My best and worst HOD break trades from July 16th, 2020

My best and worst HOD break trades from July 14th, 2020 My best and worst HOD break trades from July 15th, 2020

My best and worst HOD break trades from July 13th, 2020

My best and worst HOD break trades from July 10th, 2020

My best and worst HOD break trades from July 9th, 2020

My best and worst HOD break trades from July 8th, 2020

I definitely feel what you are saying. I hear good traders call out longs and shorts. When I look at the chart I can't see what they are seeing. Such a weird part of trading. But cool that there are so may ways to make money. I've never seen this trade described in material anywhere. But it sort of shares aspects of other strategies. For example, it is kind of like getting in late to an ABCD trade.