New Posts For Thread: the 5 minute chart and tight stops are dead in the waterhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-waterCertain posters are claiming tight stops and short time charts are the way to go in the current climate.I put forward that if you are doing that you are most certainly losing your shirt.The trading enviro has changed,Those who stick to the old ways athe more you post the dumber you sound melly.the object is to make $$$$. Not be right.its a pity you dont READ others posts b4 automatically rejecting everyone ideas.Your an arrogant ego driven loser.https://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511826279#511826279the more you post the dumber you sound melly.the object is to make $$$$. Not be right.its a pity you dont READ others posts b4 automatically rejecting everyone ideas.Your an arrogant ego driven loser.Fri, 28 Oct 2011 20:13:17 -0500WTF ARE MEGA STOPS? I've read my share of rubbish on here over the years but this chap has raised it to an entirely different level.Stops are a tool for managing risk. Stops are set to prevent taking a loss on the trade that shifts the risk/reward rahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511811011#511811011WTF ARE MEGA STOPS? I've read my share of rubbish on here over the years but this chap has raised it to an entirely different level.Stops are a tool for managing risk. Stops are set to prevent taking a loss on the trade that shifts the risk/reward raFri, 28 Oct 2011 13:45:11 -0500Hi Pastie. I was before an uber short trader.using 2 and 5 min charts mostly.Totally agree re the stops using those time frames. I no longer believe that it is consistantly possible to trade those charts and profit.Markets are no longer as theyhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511790523#511790523Hi Pastie. I was before an uber short trader.using 2 and 5 min charts mostly.Totally agree re the stops using those time frames. I no longer believe that it is consistantly possible to trade those charts and profit.Markets are no longer as theyFri, 28 Oct 2011 04:29:35 -0500Benny old boy, if you're trading off a 5min chart then you must use a tight stop. In general, the shorter the TF the shorter the stop. With a 5min chart you shouldn't hold the position for more than a few mins (30-60mins MAX). A large stop is pointlehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511788795#511788795Benny old boy, if you're trading off a 5min chart then you must use a tight stop. In general, the shorter the TF the shorter the stop. With a 5min chart you shouldn't hold the position for more than a few mins (30-60mins MAX). A large stop is pointleFri, 28 Oct 2011 02:05:20 -0500If it was all so obvious at the time, at least to Menelaus, that Benny's call was going to be wrong by 20 % in direction, then why didn't he immediately counter it with a call in the opposite direction ?.Probably because he didn't have any firm ideahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511778305#511778305If it was all so obvious at the time, at least to Menelaus, that Benny's call was going to be wrong by 20 % in direction, then why didn't he immediately counter it with a call in the opposite direction ?.Probably because he didn't have any firm ideaThu, 27 Oct 2011 19:28:11 -0500The 5 minute chart traders are doing fine. Whoever posted this drivel is getting slaughtered though:"My main sells are gold, silver, copper,any metal really."Copper UP over 20pc since this mug posted to short it. You couldn't make this stuff up evenhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511744193#511744193The 5 minute chart traders are doing fine. Whoever posted this drivel is getting slaughtered though:"My main sells are gold, silver, copper,any metal really."Copper UP over 20pc since this mug posted to short it. You couldn't make this stuff up evenThu, 27 Oct 2011 07:47:37 -0500Certain posters are claiming tight stops and short time charts are the way to go in the current climate.I put forward that if you are doing that you are most certainly losing your shirt.The trading enviro has changed,Those who stick to the old ways ahttps://community.betfair.com/tradefair__financials/go/thread/view/94198/28626569/the-5-minute-chart-and-tight-stops-are-dead-in-the-water?post_id=511732805#511732805Certain posters are claiming tight stops and short time charts are the way to go in the current climate.I put forward that if you are doing that you are most certainly losing your shirt.The trading enviro has changed,Those who stick to the old ways aWed, 26 Oct 2011 22:54:33 -0500