It's important to remove your emotions and your ever thinking and smart head out of the Game! Watching Targets is useless.You don't need them!!! You keep the trade that works for you for dear! That winning trade will pay for all your small calculated carefully losses and much, much more!! How to do it? Use the Trailing Stop following your trade at 2 x ART of the last 20 days! You can find that ARE valid at the Barchart.com under the Technical Analysis for your stock!
Note
Correction!! Use the Trailing Stop based on 3 x ART of the last 20 days!! The 2 x ART value is used to set your initial stop loss!Note
My apologies!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.