Hey hey traders!!
Setting the "right" stop loss is a vital skill, yet for many traders... its a random act. This video will help you find stcutrue in setting the right stop loss, a stop loss that has the best chance of not being hit and allowing your trade to workout!
For us that comes down to basics:
1. Use the ATR value
2. Enter only via the fibs (definite entry)
and by following this process we have achieved great things so far, even increased our win ration by a solid 12% in February (since we added it)
If you have questions, feel free to ask!
All the best and good luck trading!
Setting the "right" stop loss is a vital skill, yet for many traders... its a random act. This video will help you find stcutrue in setting the right stop loss, a stop loss that has the best chance of not being hit and allowing your trade to workout!
For us that comes down to basics:
1. Use the ATR value
2. Enter only via the fibs (definite entry)
and by following this process we have achieved great things so far, even increased our win ration by a solid 12% in February (since we added it)
If you have questions, feel free to ask!
All the best and good luck trading!
