101: Siam Kidd – Latching Onto Trends, Strategic Business Moves, and Breaking the Norm
Chat With Traders
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How to Manage a Trade Like This
I use two moving averages to monitor to maintain my stop losses. I just plot an eight and 21 EMA. And what I do is I will trail. Once I'm in a position, once I'm 100 pips up, I'll then start trailing the eight EMA. So that's even harder because the market will carry on going in your favor. By the time the 21 EMA is sort of caught up, like the whole trade, maybe 600, 700 pips up. If you're shorting any major pair or anything for that matter, put it back into my stop loss. You'll see that they, the market does always pull back to the 8 and 21 E
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