Friday 2 February, 2007

STOP LOSS

PLZ PLZ PLZ ALWAYS PUT A STOP LOSS ON ALL YUR TRADES..NOW HOW AND WHERE 2 PUT A SL ? TOUGH ONE TO DECIDE ?

OK
WILL TRY 2 EXPLAIN A FEW OF OUR WAYS WE USE

Most of the time we give levels like buy ^ X Res @ A B C & Supp @ P Q R .

75-80 % of time our buy ^ X will trigger and rock so targets are simple :) those A / B / C res levels :) and stops loss = a ) as per risk appetite b ) as per 1st supp levels for eg : P or Q :) c ) 1 % of entry levels

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