How to Set a Stop loss in Trading - So You Don't Get Stopped Out Unnecessarily
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A stop loss should not be based on an arbitrary number, or some random amount you're willing to lose.
Rather, it should be based on whether your initial trading idea has been invalidated.
In this video post, I share with you how to place your stoploss using this logical approach.
I use 3 examples:
1) A classical support trade
2) A dynamic resistance trade
3) A head & shoulders pattern trade
I hope you have enjoyed this week’s video post. As always, comments are welcomed and encouraged. Cheers!
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
Видео How to Set a Stop loss in Trading - So You Don't Get Stopped Out Unnecessarily канала Rayner Teo
A stop loss should not be based on an arbitrary number, or some random amount you're willing to lose.
Rather, it should be based on whether your initial trading idea has been invalidated.
In this video post, I share with you how to place your stoploss using this logical approach.
I use 3 examples:
1) A classical support trade
2) A dynamic resistance trade
3) A head & shoulders pattern trade
I hope you have enjoyed this week’s video post. As always, comments are welcomed and encouraged. Cheers!
Thanks for watching!
FOLLOW ME AT:
Facebook: https://www.facebook.com/groups/forextradingwithrayner
Twitter: http://www.twitter.com/rayner_teo
My YouTube channel: https://www.youtube.com/tradingwithrayner
Видео How to Set a Stop loss in Trading - So You Don't Get Stopped Out Unnecessarily канала Rayner Teo
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