that depends on your trading style (day trader, swing trader,
hybrid trader)
For swing stuff I like to use higher low stops for wide stops,
and when something is in a momentum move up I'll trial a stop below
the 9 EMA or a major MA
refer to one of my past posts where I show past trade ideas and
how one could have managed them with stops
Good calls here. How does
DRD and AGI follow up broke out
Posted by bpozdoll1717 on 23rd of Mar 2023 at 10:10 am
Good calls here. How does one manage the position if they are long? How best to determine a target to the upside or a stop loss? Thanks.
that depends on your trading
Posted by matt on 23rd of Mar 2023 at 10:18 am
that depends on your trading style (day trader, swing trader, hybrid trader)
For swing stuff I like to use higher low stops for wide stops, and when something is in a momentum move up I'll trial a stop below the 9 EMA or a major MA
refer to one of my past posts where I show past trade ideas and how one could have managed them with stops
https://breakpointtrades.com/blog/post/385351/