I posted related trade points in that message and I did not put stop points,
for two cases, stop loss points are: for long one is closed lowest point;
for short case is closed highest point, easy and safe...
I posted related trade points in that message and I did not put stop points,
for two cases, stop lo ...
QuickHand 发表于 2010-4-7 16:05
我是trial stop,no more than 1.25pt on each trade..
but got really pissed off when the forth trade failed. then set a twice stop on the last one...
i reviewed my operation, the correct ones are small stopped out or even, the wrong one gets big stop out..
1. your stop price is way too close to price range
2. add the trend lines or channel will help you. Your trades should follow the direction of the trend
看来要重新规定止损。我的trend line画的不好,总是被突破掉,或者就太不靠。请问算盘的trend li ...
ludama 发表于 2010-4-7 16:25
please see my chart attached, of course, I did not trade this one
it is 5-min chart with 20EMA & 50EMA as suggested by Quickhand Bro.
for swing trade, 5-min chart is enough
how to draw perfect trend lines is not an easy job
but you always can find an okay one