I feel I have a very good strategy it's a breakout oriented strategy. The problem is in avoiding trend reversals.
How do you avoid trend exhaustion points and reversals? thanks
How do you avoid trend exhaustion points and reversals? thanks
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DislikedI feel I have a very good strategy it's a breakout oriented strategy. The problem is in avoiding trend reversals. How do you avoid trend exhaustion points and reversals? thanksIgnored
Disliked{quote}ok i see the problem, you have t stop trying to get 100% of the move, figure out where you can set a good t/p where you get between 60% to 80% of the trend this way your out before the reversalIgnored
Disliked{quote} Agree. Or you have to stop trading if you want to avoid reversalsIgnored
DislikedI feel I have a very good strategy it's a breakout oriented strategy. The problem is in avoiding trend reversals. How do you avoid trend exhaustion points and reversals? thanksIgnored