Australian (ASX) Stock Market Forum

Reply to thread

Gday Will . No its dead tonight USA close early tonight I believe .

Yes BE is no loss no profit. For ME a BE trade is also a trade that moved to 1:1 and did not reach 2:1 (or better)target . In other words I move my stop to BE when price reaches 1:1 profit .

If the target is 2:1 .

I dont take 1:1 profit trades :eek: hats not to say I wont later but testing for now

If target is say 4:1 Then Stop is managed the same . However once near 3:1 move stop to lock in 2:1 profit. So if it turns around I still get 2:1 profit .

Real hard to do sometimes but thats why Im testing things out


Top