Make market - stoploss
hi all, i am doing ok with make markert and sideways markets, i am trading last 10 mins. However , should i exit if markert goes 3 or 4 ticks against me or leave to close before inplay risking a big move closing at a 7-10 tick loss ? Any suggestions would be helpful
If it looks like the market is no longer trading sideways and one or more runners are now being backed/layed then you should exit and wait for things to stabilize again.
A simple way to think about it is to ask yourself if I haven't already opened a trade would I do so in the current market conditions?
If not then its probably time to close it
A simple way to think about it is to ask yourself if I haven't already opened a trade would I do so in the current market conditions?
If not then its probably time to close it