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Trading with the right expectations?

Hakeemtey

Member
How does one make the proper decision to enter a trade, i have been trying to discover this and should you ever pull out before your stop loss when losing?
 
1- solid stoploss point. a point where you can convince all the world that it is a good stop loss point that is reasonable and will hold.
2- short take profit targets
 
You can use ATR stop loss too. By that way, your stoploss is more flexible during market change in an instrument. 1.5 * ATR value is what I use.
 

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