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I would like advice.
This is more or less the same post that I made from over in /r/Daytrading but I saw this area and wanted to get some suggestions on my strategy. My strategy involves gaining 0.30% per day on a stock that has good fundamentals and a positive outlook. I am mostly monitoring blue chip stocks. Reinvest 100% the next day. Part of the trading strategy involves a trailing stop if my position's price surges. **THIS IS WHAT I NEED HELP WITH.** I guess this is the part of the market that makes it risk/gambling to some effect? Wanting to lock in profits while still staying in... So my question to you guys is what *should* I do? Should I not place a trailing stop and instead just place a stop at 0.30% when it's starting to surge then sell when it "looks" good? I want to keep some sort of solid system so I don't play on emotions, but I'm like a week old at this. Anyway, my trade. [Here's today's trade chart](https://i.imgur.com/R10CduC.png) around the time of the trade and about 15 minutes after. [My trades](https://i.imgur.com/F8FwSHp.png). Magenta is the position. Blue is the strategy gain minimum line. Yellow is trailing stop gap, and green were the resistance points I was imagining from what I had been watching. Earlier when I was watching TSLA drop I realized 441 would be the make or break point for it to grow again. I set a market order for 421 (I just want to get in if it starts climing) and watched as it jumped up past it. Once I was in, I waited to execute my strategy. It hovered around the gain line for a bit but I want to see a strong move before I place a hard stop. A few minutes later, it surged and I thought that was the ride so I placed my 0.30% trailing stop, but a minute later I got knocked out, still in a plus positive of my strategy, plus an additional 0.0774%~ gain. Which honestly is awesome because that shows my strategy is [being effective (my progression chart here)](https://docs.google.com/spreadsheets/d/1Sw2piYeSY19YATeTNFkS-AZa_GFnVNqOjef4KCNQ5PE/edit?gid=0#gid=0). Want to take profit at 0.30%. Again, big cap stocks people are telling me I need to give more breathing room, but because I want to secure 0.30% gains or better, I know I executed my strategy, but when it filled almost a minute after I placed the trailing stop that felt bad, heh. Watching [TSLA continue (460 now!)](https://i.imgur.com/kYzYZqw.png) when I knew it was going to do *something* earlier is where I feel bad. Do I need to reanalyze how I place my stops? But then I say I won my strategy, so the whole thought is I did good. But then I see the stock continue momentum and it just makes me wonder. I don't *think* this is greed. I know I got out and had a benefit. But I'm so new to this I don't know if there are ways I can secure my profit AND stay along for a much longer ride than a few minutes. Anyway, I was going to ask "what should I do?" but after typing this all out, I've had some moments to think. I feel like I am winning my strategy. Being happy with my strategy gain plus some should be an every day celebration. Strategy absolute minimum is 0.25% (was how I was originally setting trailing stops), which I am barely beating right now. BTW: The loss day I had on my chart was honestly because I made an order I didn't understand, a Trailing Market - If Touched. I honestly thought it was a set it and forget it waiting for the trigger, but afte a call to IBKR I learned what it was. edit: here were [my watches](https://i.imgur.com/Ry5t0la.png) for today4
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