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Bullmarket, I am not saying set the stop at break even and to leave it there, that would be irresponsible to the extreme.What I am saying is once this is done, we are in a risk free trade, then it is up to us to manage the price action as we feel fit, whether that be a trailing stop, count back or whatever.As for taking profits, well I don't consider myself an expert,I get it wrong as often as I get it right.If anybody says they consistently get out near the top, I would love to talk to them and find their method, or call them a wee fibber !!Anyway, must go and peel the spuds and sprouts or Mrs Porper will peel me
Bullmarket, I am not saying set the stop at break even and to leave it there, that would be irresponsible to the extreme.What I am saying is once this is done, we are in a risk free trade, then it is up to us to manage the price action as we feel fit, whether that be a trailing stop, count back or whatever.
As for taking profits, well I don't consider myself an expert,I get it wrong as often as I get it right.If anybody says they consistently get out near the top, I would love to talk to them and find their method, or call them a wee fibber !!
Anyway, must go and peel the spuds and sprouts or Mrs Porper will peel me
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