Hi, thanks for the video. Do you know where we're suppose to put the stop loss point on a trade like that? In both of his books Victor Sperandeo doesn't mention where to put the stop loss point for the 1-2-3 trend change. For his 2B pattern he puts it 1 tick above the 2B high. But I can't find anything on the 123 pattern. Any help would be greatly appreciated.
The best place to put your stop is above the most recent high for shorts and low for longs. Now if that swing is far off, you can use the next closest swing point to your entry. Hope this helps..but like everything in trading, it boils down to your own risk profile and trading style.
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DayTradersWin 11 months ago
hi
very difficult to actually see anythiong aggainst that black backgroun
sallanne123rt 3 years ago
19/F - ne guyz wanna chat? im bored and horny! C
carbine23 3 years ago
Hi, thanks for the video. Do you know where we're suppose to put the stop loss point on a trade like that? In both of his books Victor Sperandeo doesn't mention where to put the stop loss point for the 1-2-3 trend change. For his 2B pattern he puts it 1 tick above the 2B high. But I can't find anything on the 123 pattern. Any help would be greatly appreciated.
shamrock118 4 years ago
The best place to put your stop is above the most recent high for shorts and low for longs. Now if that swing is far off, you can use the next closest swing point to your entry. Hope this helps..but like everything in trading, it boils down to your own risk profile and trading style.
streamingdaytrading 4 years ago