I thought I'd share my experience with other New Traders (I'm still 'new', 2yrs in). I made all the classic mistakes and plenty more, my learning is only just beginning.
Hopefully this educational post helps others new to trading.
Use a Stop Loss
So many times I didn't use a Stop Loss. One of the main reasons was I kept getting Stopped Out and then the price...
Hello everyone:
Today let's dig into an important topic of setting a Take Profit (TP).
While many traders will often have different strategies and methods on a TP, let's take a look on my approach and style on this.
ITs important to understand there is no right or wrong when it comes to setting a TP.
ITs what you have in your plan and what makes sense to you...