As far as I understand you should always have a risk:reward in place. May it be 1:3 or 1:2. Most people that are trading this style never get stopped out by their SL but by themselves realising that the trade is a loser and getting out before it does hit.
- #9,986
- Mar 25, 2009 3:02pm Mar 25, 2009 3:02pm
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts
- #9,991
- Mar 26, 2009 2:00am Mar 26, 2009 2:00am
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts
- #9,992
- Mar 26, 2009 2:25am Mar 26, 2009 2:25am
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts
- #9,994
- Mar 26, 2009 3:06am Mar 26, 2009 3:06am
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts
- #9,996
- Mar 26, 2009 3:57am Mar 26, 2009 3:57am
- | Joined Nov 2008 | Status: I support the resistance | 1,033 Posts