Whenever traders enter a trade, they must have 3 factors clear in their mind; where to get in, where to take profits, and where to cut and run if market turns against them.
The secret of exiting a trade for professionals is to plan their exits. Before entering a trade, professionals set their specific target and [...]
Archive for November, 2009
Secret of Setting Exits in Trading
Posted by Taro on November 15th, 2009
How to Place Stops using the SafeZone?
Posted by Taro on November 3rd, 2009
Where traders should put their stops? This is one of the hardest questions in technical analysis. Stops have to tight enough to protect capital and also have to distant enough to keep clear of meaningless swing.
If look at trading in engineering point of view, the concept of signal and noise in engineering can be applied [...]
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