Pendidikan
HOW TO EXIT ANY TRADE ? ( TATAGLOBAL BEVERAGES BREAKOUT )
$NSE:TATAGLOBAL
HOW TO EXIT THIS TRADE ?
THERE IS NO TARGET ON THIS TRADE ITS RATHER BASED ON TREND FOLLOWING SYSTEM .
WE HAVE TO CONTINOUSLY SHIFT OUR STOP FOLLOWING THE TREND .
FOR EVERY PRICE MOVEMENT SHIFT YOUR STOP UP UNTIL ITS BREACHED .
HOW TO FIND THE STOP ?
STOP = CMP - 2*(ATR)
FOR EXAMPLE ON THE CURRENT DAY :
CMP - 253.45
ATR - 8.3
STOP = (253.45) - 2*(8.3)
= 253.45 - 16.6
= 236.85
NOW , ON THE NEXT BAR FORMATION THE PRICE AND THE AVERAGE TRUE RANGE WILL CHANGE AND SO WILL YOUR STOP , AND THUS YOUR STOP WILL KEEP SHIFTING IN THE DIRECTION OF THE TREND , NARROWING DOWN YOUR RISK AND KEEPING YOUR PROFIT SAFE .
HOW TO EXIT THIS TRADE ?
THERE IS NO TARGET ON THIS TRADE ITS RATHER BASED ON TREND FOLLOWING SYSTEM .
WE HAVE TO CONTINOUSLY SHIFT OUR STOP FOLLOWING THE TREND .
FOR EVERY PRICE MOVEMENT SHIFT YOUR STOP UP UNTIL ITS BREACHED .
HOW TO FIND THE STOP ?
STOP = CMP - 2*(ATR)
FOR EXAMPLE ON THE CURRENT DAY :
CMP - 253.45
ATR - 8.3
STOP = (253.45) - 2*(8.3)
= 253.45 - 16.6
= 236.85
NOW , ON THE NEXT BAR FORMATION THE PRICE AND THE AVERAGE TRUE RANGE WILL CHANGE AND SO WILL YOUR STOP , AND THUS YOUR STOP WILL KEEP SHIFTING IN THE DIRECTION OF THE TREND , NARROWING DOWN YOUR RISK AND KEEPING YOUR PROFIT SAFE .
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.