Using an Indicator as a Stop Loss for your Trade.
http://www.financial-spread-betting.com/strategies/stop-loss-strategies.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! Stop losses and what to base them on. Massive subject. A nice way way to use stops is to use an indicator based exit for your trades. This is more of a trading stop criteria; i.e. you will likely already be in a trade.As an example of an indicator stop loss we could take a case of a stop based below a 10 period moving average. Or we could have a moving average crossover. Another example could be say, RSI - if we are selling an overbought condition - we could remain in the trade until the price crosses the mid-point of the RSI. You are basically letting price action dictate when you exit your trades. Redoing.
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