There are many useful mathematical formulas to allow one to enter and exit trades. Nothing can predict the future. That being said what is a good rule of thumb to determine when your position is going against you? Math is used to keep you in a trade. When can it be used to reduce loss?
When do you know a trade has gone wrong?
- Thread starter PKPet
- Start date
Understand that not all trades will go your way. Keep that in mind and you will be alright...
Know when to enter and when to get out by identifying support and resistance.
https://usethinkscript.com/threads/automated-trend-line-drawing.18181/#post-139310
My two cents.
Know when to enter and when to get out by identifying support and resistance.
https://usethinkscript.com/threads/automated-trend-line-drawing.18181/#post-139310
My two cents.
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