dbphoenix
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The stop is placed above or below the danger points, and the entry is taken however many ticks or points of which one is willing to tolerate the risk. If one predetermines a stop based on points or percentages, he can go on for years without ever gaining traction.
The stop is determined by the activity of price, whether illustrated by a chart or not. The only question the trader has to answer is whether or not he is willing to assume the risk determined by that activity and that stop. If he isn't, there's no trade.
Db
The stop is determined by the activity of price, whether illustrated by a chart or not. The only question the trader has to answer is whether or not he is willing to assume the risk determined by that activity and that stop. If he isn't, there's no trade.
Db