I started off the month of March by holding a live trading session on placing the perfect stop and targets.
I have had a lot of great trades recently that I have been sharing in my daily analysis webinars that were the perfect example for this session – perhaps a little too perfect!
Nonetheless, knowing the fundamentals of how to place your stops and targets will make your trading that much more profitable and successful.
If you follow the rules I have for these trade parameters, you should find yourself with easy to hit targets and hard to hit stops.
Below is a written counterpart for the live session in case you don’t have the time to watch it.
Feel free to leave any comments and questions!