One of the most frequently asked questions from active traders is where do I set my Trailing stop loss or set my stop profit? This can make the difference ...
One of the most frequently asked questions from active traders is where do I set my Trailing stop loss or set my stop profit? This can make the difference between exiting a trade too soon or holding until the end of the trend. It can dramatically affect the profitability of your trading. To determine when to get out of a position studying past performance can be a useful guide to determining the next exit point. The trailing stop loss method that we used is an excellent exit strategy, however determining the level of the stop loss is critical to your trading success. Stock typically has a set volatility and the stop needs to be placed far enough away to avoid the market â€œnoiseâ€, yet close enough to exit in the event of a change in trend. Every stock will require a different percentage value as the noise varies from stock to sock. A tight trailing stop loss will result in a trader holding a share for a shorter timeframe than using a wide trailing stop loss. The calculation of the stop loss is important to ensure that you are not sold out too early and you hold the share to reach your profit levels. The level of the stop loss that you choose is determined by the timeframe that you wish to hold the share. The longer the timeframe, the wider the stop loss. Try this today !!! See the screenshots, the red-line is stop line for long position, if close-price cross under the red line, it suggest to exit long position. And the green line is stop line for short position, if close-price cross over the green-line, it means you should exit shot position. Finally if the close-price does not over the line, all you have to do is to hold position. You can 'double click on chart' to turn on or off the checking-model to see detail data of search bar. And you can 'use two fingers' to zoom in or zoom out showing the big or small chart frame. Also this app is flexibility to customize color of chart. It also provides all the necessary features you may need in a trading app. Our features allow you to create sophisticated trading strategies for your trading. Real-Time Excange or Country: 1.New York Stock Exchange 2.NYSE MKT 3.London Stock Exchange 4.Germany 5.China 6.Taiwan Stock Exchange Delay 20 minutes Excange or Country: 1.Toronto Stock Exchange 2.Hong Kong Stock Exchange 3.Singapore Stock Exchange
Size: 11.58 MB
Price: 0,00 €
Day of release: 0000-00-0