The 2 major issues with all trend trading systems =
1. whipsaw = or when signals fire but are immediately reversed = you could be wrong
2. A smart entry hardly ever looks like a "good entry". = you feel dumb
How to avoid:
1. trade size and stop losses = risk management = Expect whipsaw and plan for it
2. Trade size and stop losses = risk management = know how much you stand to loose; if that number makes you sick, dial you risk back about 90%.
3. but 1 & 2 are the same, you say? ... yep RISK MANAGEMENT removes both the emotional strain and the need to be right.
1. whipsaw = or when signals fire but are immediately reversed = you could be wrong
2. A smart entry hardly ever looks like a "good entry". = you feel dumb
How to avoid:
1. trade size and stop losses = risk management = Expect whipsaw and plan for it
2. Trade size and stop losses = risk management = know how much you stand to loose; if that number makes you sick, dial you risk back about 90%.
3. but 1 & 2 are the same, you say? ... yep RISK MANAGEMENT removes both the emotional strain and the need to be right.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.