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I have learned a lot over the past 8 or 9 months that I have been on
this list and I hope to learn a lot more in years to come! There have been
a lot of traders who have shown their charts, etc. And to me seeing a chart
and understanding how the user is using their charts is one of the best ways
to learn that I know? I have noticed that most of the charts that are
shared with the list are showing some type of entery. Example, Buy or Sell,
because- Divergence, cycle low or high, retracement, gann line hit, moving
average crossed etc. I really like those charts and hope everyone will keep
sharing them, but I would also like some of you who trade to also show and
talk about what I thank is the most important parts of trading? Manageing
the trade, setting & moving stops, and where to exit lose or win! There is
not much said about the above and I would like to see some of you also show
charts etc. on when and why you exitted a trade and how you moved your stops
etc. It would be a big help to me and others on the list! I have always
heard that a lot of the times it is not as important where you enter as it
is where you got out? I don't know if that is true in most cases, but I am
sure it is in some? Everyone keep up the good work and lets hear about how
some of you move stops, and exit trades etc., because that may be more
helpful than when to enter, at least for new traders??? Probably one of
the hardest things in trading is once in a trade, trying to get the most
profit possible with the least risk and not getting stopped out to early!!!
Phil
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