DislikedHello everyone,
Given that I've been flying by the seat of my pants, and gotten severely scorched, I have a very basic question. How do you all handle stop losses? Do you set an SL and then use Trailing Stop Loss (TSL) with open-ended TP?
Many thanks, as I try to rebound.Ignored
My opinion and I'm still learning Is they you need to look st volatility as well as key support and resistance levels. You also need to factor inyour reward to risk ratio. Then start looking to calculate your expectancy . There is a mathematical formula for doing this task.