Trade parameters
1) Protective stop - set to protect against sustaining a large loss at the time of entering a position2) Price targets - set to lock in profits
Change in trend signals
3) Gaps against the prevailing trend - something has broken - is it time to get out?
4) Trailing stops - breaking trend of higher highs
5) Moving average crossovers - typically confirm changes in trends
6) Key reversal - an inside-out day where a new high (low) is made yet close below (above) the previous day's range
Time is money
6) Time based stops
No comments:
Post a Comment