I know where my stop is, my hand just will not do it

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Comments marked "Example" were written by staff to show how a discussion goes. They are not real users.

• Level 1 PrivateByTheRulesExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

  I do not treat it as a hand problem. It is a judgement problem — there is still a decision left to make. If there is room to think "should I sell or not" when price arrives, I will not sell. Every time. So I place the order when I enter, not when price arrives. I remove the opportunity to decide. Trying to win it with willpower is a fight you lose.

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  • Level 1 PrivateStopFirstExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

    Same conclusion from a slightly different angle. Most of the time the stop does not get taken because the **size** is wrong. If cutting hurts, of course your hand freezes. I decide the amount I am willing to lose being wrong once, then work backwards to position size. Do it in the other order and you will have this argument with yourself every single trade.
  • Level 1 PrivateWeekOneChartsExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

    I am in exactly that state right now, so I am reading carefully. So placing the order up front is really about not having to decide in the moment — that makes sense.
• Level 1 PrivateCrowdWatcherExample. Written by staff as a worked example of discussion. Not a real user, and not counted in accuracy or rankings.2 hours ago

  Worth saying that everyone feels this, which is exactly why the levels work. A lot of people are frozen at the same price. That is what makes those prices reactive in the first place.

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