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RE: Trading education - How to be in the 10%

in #trading7 years ago

Very valuable as always. I have a few questions where I'd love to get your insights:

  1. What view do you usually use to define uptrend (daily, hourly, 30 min etc)?
  2. If setting say 3% down as stop loss, I find that even as the trend moves nicely up, there's often a random trade that closes 3% down, which ejects me, even though it is actually moving up to my say 10% up target. How do you manage that?
  3. What do you usually use as sale trigger, 3% down / 10% up? Or do you set it case by case?
    Thank you!!!