Money Management Planner: Users can develop multi-level money management strategies with customized combinations of profit and protective stop
orders, including break-even and trailing stops.
lt;/strong><br> Make a protective stop to break-even when/if the market moves halfway to your target.
Use a protective stop and have it in the market whenever you are in a trade<br> 3.
However, the higher the number of short orders in a bull market the more dangerous is to take additional shorts because many of those traders who just entered the markets are also leaving their protective stop
losses just above the current price action.
The Market Radar continues to track its' recommendations and follow them up with protective stop
levels and sells.
Those stop/reverse lines are the exact prices where many professional traders place their protective stops
to lock in gains and to exit a trade at a trend change.
Also, AlgoTrades adjusts protective stops
and profit targets, uses advanced filters to monitor the market on a tick-by-tick basis carefully evaluating each entry, profit or loss, and stop placement level in real time.
should be placed above a resistance level and I have the first level noted on this chart.
All Recommendations include Specific Entry and Exit Price Points with Realistic Protective Stops
Using the Elliott wave principal to find high-probability price targets and practice protective stops
could be placed below support with targets to take profit set as twice that risk for our 1:2 risk:reward ratio.