Initial Stop Placement and Follow-Up Strategy
This is a recording of the Initial Stop Placement and Follow-Up Strategy Surgery presented in May 2021
There are three types of Stops - types designed to be executed (say to enter a position or to secure a profit), types to run a position (say a trailing Stop placed far enough away not to be hit by market 'noise') and types to avoid catastrophic losses (say you normally exit at a Target or based on a reverse signal from an indicator, you need a safety net for your position). How to scale in and out of a position. Trevor will also discuss whether you should place a Target order or not? This is a section from his Advanced Technical Analysis and Short-Term Trading Techniques courses.
Trevor Neil MSTA MCSI
Initial Stop Placement and Follow-Up Strategy slides
Initial Stop Placement and Follow-Up Strategy