Support Board
Date/Time: Thu, 23 Jan 2025 14:39:47 +0000
Post From: Stop/Target by price
| [2018-10-27 23:59:05] |
| User336946 - Posts: 37 |
|
It’s not impractical. It simply makes sense. You want your stop at a certain level, behind resistance. You want your target at a certain area. Your entry is going to be somewhere in your entry zone but your not sure where orderflow will support the entry. If you’re forced to adjust your stop afterwards then if you’re wrong with your entry and it spikes through, your stop is either going to get tagged before you can move it or you’re going to have additional risk with a further stop. I’m sure other traders will agree with me that it would be beneficial. |