|
|
Visual trade management
|
AT-November 2011-1
|
|
Mapping out a three-stage, before-during-after trade plan can help you avoid costly mistakes in your trading.
|
Detailed Description
Although most rely on their preferred entry signals to enter positions, traders are often uncertain about what to do once they are in trades, and fail to manage their exits in a way that maximizes profit and minimizes losses.
Designing a visual chart map of anticipated price action — based on average trading ranges, cup pattern depth, and related day-trading and swing-trading patterns — can provide much-needed guidance in making more effective trading decisions.
|
|
|