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When to stop.
Biedrs kopš
536 ieraksti
Dec 03, 2021 at 08:52
Biedrs kopš
536 ieraksti
kroxobor posted:I agree with you.
Many traders set a wide stop loss. They don’t realise that it doesn’t matter how much profit you want to take from a trade. Market doesn’t work according to anyone. A stop loss should be placed at a position after carefully analysing past trends and if there is any news that can push the price higher, then you should consider that too before making a final decision.
Biedrs kopš
11 ieraksti
Dec 04, 2021 at 15:42
Biedrs kopš
11 ieraksti
Actually, to my mind, you have to stop when you need to stop.
If you see that market tries to elimate you as a trader, then probably it's right time to stop, because your further moves can be very dangerous.
Traders don't like when other traders turn trading activity into gambling, when you have a lots of losses, then you start to open positions without any idea why you open it, just because you want to give your money back.
It's better to stop, rather than continue in this situation.
If you see that market tries to elimate you as a trader, then probably it's right time to stop, because your further moves can be very dangerous.
Traders don't like when other traders turn trading activity into gambling, when you have a lots of losses, then you start to open positions without any idea why you open it, just because you want to give your money back.
It's better to stop, rather than continue in this situation.
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