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    Swing Trading using the 4-hour chart 3: Part 3: Where Do I Put My stop?
    Unavailable
    Swing Trading using the 4-hour chart 3: Part 3: Where Do I Put My stop?
    Unavailable
    Swing Trading using the 4-hour chart 3: Part 3: Where Do I Put My stop?
    Ebook58 pages49 minutes

    Swing Trading using the 4-hour chart 3: Part 3: Where Do I Put My stop?

    By Heikin Ashi Trader

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    Currently unavailable

    Currently unavailable

    About this ebook

    Swing Trading using the 4-hour chart

    Part 3: Where Do I Put My stop?

    In the third part of the series on "Swing Trading using the 4-hour chart“, the Heikin Ashi Trader treats the question on where the stop should be. Once a trader stops introducing stops, he will discover that his hit rate will worsen. However, by doing this he gains full control of the trade management. Stops are therefore not unavoidable, but remain an integral part of a trading system that is profit-oriented.

    Well understood stops are downright the actual instrument that makes profit possible. Since money is only earned when he exits the trade, the trader should try to perform the stop management with the utmost care. The formulation of crystal-clear rules, both for trend trades as well as for trades with a fixed target, after all, is the requirement to ensure that the trader is playing his own game.
    Every successful trader has ultimately developed his own rules. No matter what the market does, this trader always plays his own game and can be swayed by anything. Precisely the persistence and consistency with which he operates in the market ensures that he becomes one day the "Master of the Game".

    Table of Contents

    1. Are Stops Necessary?
    2. What Is a Stop Loss Order?
    3. Stop Management
    4. Play Your Own Game        
    5. Cut Your Losses
    6. And Let your Profits Run
    7. Stop Management in Trending Markets
    8. Stop Management with Price Targets
    9. The Swiss Franc Tsunami, a Healing Moment of the Trader Community
    10. How Many Positions Can I Keep at the Same Time?
    Glossary

    About the Author:

    Heikin Ashi Trader is the pen name of a trader who has more than 17 years of experience in day trading futures and foreign exchange. He specializes in scalping and fast day trading. In addition to this, he has published multiple self-explanatory books on his trading activities. Popular topics are on: scalping, swing trading, money- and risk management.
    LanguageEnglish
    PublisherDAO PRESS
    Release dateSep 24, 2018
    ISBN9788829515035
    Unavailable
    Swing Trading using the 4-hour chart 3: Part 3: Where Do I Put My stop?
    Author

    Heikin Ashi Trader

    ​Heikin Ashi Trader is the pseudonym of a trader who has over 19 years of experience in day trading futures and currencies. He traded for a hedge fund and then went on his own. He specializes in scalping and fast day trading. His scalping book "Scalping Is Fun!" is an international bestseller and has been sold more than 30.000 times. His books have been translated into 11 languages.

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