FXCM v Digby [2013] EWHC 762 (Comm): Acted for the Claimant options broker in respect of a claim arising
out of trading losses suffered by the Defendant customer.
Not exact matches
«Funds that suffered
losses on their oil investments have to get
out of their liquid securities in other sectors,» said Sam Ginzburg, head
of trading at First New York Securities in New York.
More important now, he explained, is that after the volatility
of the Mack era, including the epic
trading losses, and the turf wars between the institutional business and wealth management that forced
out Mr. Purcell, something resembling stability reigns at Morgan Stanley.
Tesla shares were in freefall on Thursday, down more than 7 % in mid-morning
trading, extending the
losses that began on the heels
of an alarmingly high cash burn in the first quarter that was exacerbated by Elon Musk's
out -
of - touch remarks.
The «Option Repair» strategy is used by equity traders who are facing a
loss and want to reduce their break - even price so they can get
out of the
trade; furthermore, these option positions can typically be attained at little or no cost.
When JPMorgan first started to talk about the botched
trades — some
of which are still open positions they are trying to unwind — the bank said that they had grown
out of hedges aimed at protecting the bank against
losses on the bank's large bond portfolio.
It may be possible to sell an open
trade that is positioned
out of the money (to minimize a
loss), but this option is not offered by all brokers.
Automatic margin close -
out and / or mandatory
trade related stop -
loss orders should have the purpose
of safeguarding the client and broker from a non-normal market move.
With open
trades, you can use this to figure
out the level
of profit or
loss that you currently face.
If you want to learn more about planning stop
loss placements, profit targets and some
of the other concepts discussed in today's lesson, check
out my Forex price action
trading course.
While it would be difficult to take a lack
of fresh credit strains as evidence
of restored health in the banking and lending system, we can't rule
out the possibility that the Rube Goldberg machine created by the Fed and the Treasury will be enough to take us through a period
of years (or if we follow Japan's example, decades) where we will gradually bury the
losses of the banking system,
trading a short - lived period
of adjustment instead for a long - term period
of stagnant credit.
Finishing a
trade in the money results in high returns and finishing
out of the money does not result in a total
loss.
I bailed
out when gold started to rally because I believe that
trade selection is only a small part
of successful
trading... risk management is much more important... and the first chapter in the book on risk management is, «Cut your
losses and let your profits run.»
The Close feature works much like a «Take Profit» or «Stop
Loss» on other
trading platforms; basically, traders can, for a small fee, close
out trades, both in the money and
out of the money, prior to the expiry time.
Against this morality, Socrates, in Plato's Phaedo, insists that warriors who die for the city
out of fear for their own death or the death
of others in the city, or fear
of loss of honor, are sacrificially
trading a lesser fear
of dying in battle for a greater fear
of shame,
loss of nobility, and the
loss of the city itself.
The «3 at the back» was self - evidently caused by the lack
of resources in defence because in addition to the
loss of Per and Kozzer, Chambers had been loaned
out, Gabriel had shot himself in the foot, or something, and Holding was still learning his
trade and making a good fist
of it, but to cap it all there were injury problems in the backs as well.
The bottom line is that Amazon's eBook market is not yet big enough to cover the
losses the top selling indie / self - pubbed authors lose
out on by not being widely distributed in physical book stores in the U.S.
Of course, this disadvantage is mitigated over time because once the
trade publishers stop pushing their new releases, these books» sales typically decline, but indie / self - pubbed authors can keep their market pushes going indefinitely, and they can publish new books more frequently than once a year.
Scott Turow posted this on the Authors Guild site: By allowing Amazon to resume selling most titles at a
loss, the Department
of Justice will basically prevent traditional bookstores from trying to enter the e-book market, at the same time it drives
trade out of those stores and into the proprietary world
of the Kindle.
Traders also tend to feel revenge after a
loss, and they carry
out this revenge by jumping back into the market to try and make back the money they just
loss, which
of course usually only leads to more
losses, thus further cementing the cycle
of bad
trading habits.
If you're
trading a higher time frame, your stop
loss is likely to be outside
of the average daily range
of the market so you are unlikely to get stopped
out from the random intra-day market noise that occurs each day.
Fear
of blowing
out your
trading account will cause you to place stop
losses on all your
trades, thus, in this regard fear is good for the trader.
One
of the biggest problems for beginning traders, one that often causes them to blow
out their accounts and give up, is accepting that
losses are part
of the
trading game.
For the uninitiated, demo
trading is the practice
of trying
out an online commodity
trading platform on a simulated basis — in a free demo
trading account, you're granted simulated funds, you're placing simulated orders in the markets and you're shown simulated profits and
losses on what your
trades might have done for you if you were futures commodity
trading on a live platform with live funds.
While having a full - time job you must simply have to do all your
trading homework
out of working and market hours so you have a clear head with no distractions such as stock price movements and have the
trade ready to go for the following day and all that needs to be done is the executing
of the
trade and after that its left to play
out as it should for a win or a
loss.
The two main components
of any
trading system HAVE to be
trade size and risk management which basically comes down to knowing how much you're willing to risk on each
trade and where you're going to get
out of a
trade before you get in — Use a stop
loss every single time, if you don't then you're basically saying that your
trade can not
loss which means your now gambling instead
of trading.
2) By waiting for a more optimal, or conservative entry on a
trade, we can decrease the probability
of getting stopped
out for a
loss because our stop
loss is placed in a safer location, thereby giving the
trade more room to breathe.
They should lay
out guidelines based on their risk - reward tolerance for when they will enter a
trade and exit it — whether through a profit target or stop
loss — to take emotion
out of the equation.
Now, not every
trade is going to work
out this well, but I am trying to show you how to properly place your stop
loss, calculate what your 1R risk amount is and then find the potential reward multiples
of that risk whilst considering the overall surrounding market structure.
Your stop
loss is there to get you
out of a losing
trade while your
loss is still small.
If you want to learn more about planning stop
loss placements, profit targets and some
of the other concepts discussed in today's lesson, check
out my Forex price action
trading course.
In situations like these, we always want to place our stop
loss just above the
trading range boundary or the high or low
of the setup being
traded... whichever is further
out.
It is a
trading style that refers to jumping in and
out of the market many times a day to «scalp» a few pips here and a few pips there, generally with little regard for placing logical stop -
losses.
Thanks Nail for letting me stand on your shoulders, its a new day to my
trading, the
trading affirmation has done alot in me, for this article i have been a victim
of all, but since i became a member
of this community & gone through your course lessons every
of my discipline affect every other discipline in my
trading, 17
trades so far on the daily time frame, 11 winning
trades, 2
losses, 1 stopped
out at break even, & still have 3 winning
trades on, all from the pin bar set up from your course lesson, thanks to all the guys in the community, you guys have been brilliant in the live forum, once again thanks Nail i appreciate you, no questions at the moment, its been great with understanding your teaching, God bless.
It can move your stop
loss to break even (while locking in some positive or negative pips if you like) and it can scale
out of your
trade.
Back to our example... you have found a great looking pin bar strategy on the daily chart, now you must find the safest place to put your stop
loss so that the probability
of it getting hit is as low as possible, you want to give the
trade as much room as possible to work
out while still maximizing your risk to reward scenario.
The more you fight against the inherent risk
of being a trader and try to close your
trades out early, before they hit your pre-planned stop, or perhaps not even use a stop
loss because you are «sure» the market will turn back in your favor, the greater the chance
of you losing a lot or all
of your
trading money.
Risk management holds a primary place in forex
trading, the main purpose behind traders» use
of risk management is to minimize the size
of the expected
loss in a
trade, however, these traders also want to take much profit
out of one
trade.
Assume three
of your simultaneous currency futures and FX
trades result in the following:
Trade # 1: stopped
out for - 250 per contract
loss Trade # 2: stopped
out at original entry for par
Trade # 3: exited on a trailed stop for + $ 500 per contract gain
While this move closed
out my «10 %
Trade» holding with Mattel for essentially a
loss of $ 1,704, it offers a compelling tax -
loss harvesting opportunity.
All depends on the
trade of course, but I can't the number
of times I've tried optimizing profit targets, stop
losses and what - not, only to find that «hold for four days no matter what» turns
out to be the best choice.
Your
trading plan is designed in such a way that if you do take a «wrong turn,» you will know about it very quickly and have the opportunity to correct the problem before
losses spiral
out of control.
Now, this is a small example, but it shows you why moving your stops around and getting
out at breakeven all the time or even manually closing your
trades for small
losses or gains BEFORE they hit your pre-determined stop
loss or target can and will lower the overall probability
of your
trading edge and will thus cause you to have a very difficult time making money.
But, think about this, if you simply set and forget all your
trades and let the market play
out by either hitting your stop
loss or your target, you are allowing your
trading edge to work and after a large enough samples
of trades you will see your
trading edge pay off.
According to the most recent Federal
Trade Commission survey, approximately 8.3 million Americans were victims
of identity theft crimes, suffering collective
out -
of - pocket
losses of about $ 15.6 billion.
With the rest
of your shares, you'd place your new stop -
loss (mental or in the market) at breakeven (in this case, 50), so even if you get stopped
out, the overall
trade was a profitable one.
All
of this is to point
out that reaching for massive returns on every
trade is not worth the risk
of losses when a steady options - based strategy can earn you a retirement that is likely to begin more than 10 years earlier than over 90 %
of the population.
I use this EA to drag and drop TP and SL levels, to scale
out of positions (with certain
trading strategies), and to automatically move my stop
loss to break even (and sometimes lock in some pips) after price moves a certain amount in my favor.
Hi chris, I have been using the quik trailng ea for some time now Just recently since changing to the latest mt4 with one click
trading i can no longer drag and drop the stop
loss lines.When i double click the line the mt4 order box appears.I ve tried placing the stop
loss order in the box but when i get
out of the box the stop
loss go back to the auto s / l.
Most
of my
losses for yesterday are on options that are still
trading out of the money, so I'm still fairly relaxed with this current market correction.
With your stop -
loss in place, you can work
out how many shares you can
trade without losing over 1 %
of your account.