I follow SL for my long term positions based on weekly previous swing lows. I am out if it gets hit.
So, I am least worried in these minor dips as manier times it will give you opportunity to add more of your favorite names.
LEARNING \u2b55\ufe0f\u2b55\ufe0f\u2b55\ufe0f
— The_Chartist \U0001f4c8 (@nison_steve) April 7, 2021
Balaji Amines -
An explanation of how trailing stop loss works. With every base formation, the stop loss level is moved up thereby locking profits. Stop-loss can be placed via GTT Orders.
Assumption - Trading on a weekly scale pic.twitter.com/hojzClLOhg
More from The_Chartist 📈
May please read the attached tweet once again for a key LEARNING
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
USDINR - a breakout that will not bode well for the equities
78+ https://t.co/AWqZxF5B1L
Can you anticipate a breakout? Yes
— The_Chartist \U0001f4c8 (@charts_zone) June 10, 2022
the attached tweet.
now the chart is for USDINR https://t.co/Vb2wKaCvTB pic.twitter.com/INo0GC4fGY
More from Stoploss
Forgot to mention one point. How to trail profits in Breakout trades.
One of the best way that I know is ATR based trailing.
Here is an example https://t.co/BTATx5fyW6
One of the best way that I know is ATR based trailing.
Here is an example https://t.co/BTATx5fyW6
An example of ATR based TSL.
— Professor (@DillikiBiili) April 9, 2021
SL for coming candle is Low of the just completed candle - ATR of previous candle. Chart is self explanatory. https://t.co/D95iv4t5j6 pic.twitter.com/e8BkO2j5rn
Retailers late sellers who place sl at visual reference levels are thrown out. Avoid placing sl at same location were retailers place stoploss https://t.co/qctgpFYLnK
This is the reason for retailers stoploss. Check it out \U0001f447 https://t.co/fnHPgzCCVn pic.twitter.com/njvqgM9PI3
— Learn to Trade (@learntotrade365) July 28, 2021