thanks for the video, after watching this video i have 2 questions that whether or not trailing stop is part of your plan? secondly with oanda do you ever faced stop hunt?............................................regards
@bluetooth1232 Every trade is different. If you have sentiment correct, there is no need for a trailer. I do use break-even but is dependent on a few factors. Don't want to choke the trade. If trailing...need some objective place to put the stop such as behind a stack of orders. Never been "stopped hunted" but their spreads go nuts on news at times. Stop hunts are a search for liquidity. I don't think of hunts as a position attack. That is a limiting thought.
Great lesson again..
MrBubbaSpazola 4 months ago
@MrBubbaSpazola Appreciate it.
atradersblog 4 months ago
thanks for the video, after watching this video i have 2 questions that whether or not trailing stop is part of your plan? secondly with oanda do you ever faced stop hunt?............................................regards
bluetooth1232 4 months ago
@bluetooth1232 Every trade is different. If you have sentiment correct, there is no need for a trailer. I do use break-even but is dependent on a few factors. Don't want to choke the trade. If trailing...need some objective place to put the stop such as behind a stack of orders. Never been "stopped hunted" but their spreads go nuts on news at times. Stop hunts are a search for liquidity. I don't think of hunts as a position attack. That is a limiting thought.
atradersblog 4 months ago
@atradersblog thankyou so much for your reply, learned alot from you!!!
bluetooth1232 4 months ago