Maximizing Profits With Rising Stops @ 5:30pm EDT
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Maximizing Profits With Rising Stops
There are different ways to follow a profitable trade with a stop. Most people will choose to use a classic Trailing Stop. This type of stop will only move upward (for a long) if price moves upward. There are times when this type of stop works well, but when price starts to move sideways this stop moves sideways as well, which isn’t helping us manage the trade and tying up precious equity.
