One purpose for using stops is to limit the loss on a trade. But, consider the question of once you are in a trade, and going forward, are you...
Being objective is the key. Itâs just that most people think that something like buying the breakout of a down trend line is being objective....
I would imagine that most data vendors do offer the ability to link real-time data to an Excel spreadsheet. I have created spreadsheets that are...
I always recommend reading Mark Douglasâs book "Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude." He...
My recommendation is to take your favorite setups and do a maximum favorable excursion (MFE) and a maximum adverse excursion (MAE) analysis and...
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