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jscheel
Hi all I am new to trading any advice would be helpful :0)
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Feb 27, 2014 at 17:03
Hi Adam - once you do all your analysis and decided where to put your stops and your entries you need to stop and think. The markets are characterized by huge banks and funds hunting out the stops which typically congregate around the same important areas as everyone uses similar analysis techniques. So NEVER put your stops where it seems rational because all the smart retail traders will have put their stops there making a nice target for a stop hunt. Where there are high numbers of stops they will be hunted and your trades taken out over and over again. Try putting your buy or sell orders...
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