San Jose, Ca
Legendary Market Wizard
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
Posts: 1,582 since Nov 2009
Thanks Given: 2,335
Thanks Received: 2,524
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The question in the title pertains to trade management. I'd like to know what people do as well as what they think about each approach.
Lets just assume you enter a trade and you place a stop and one or more targets. Depending on your plan and whether or not you have a time constraint for a trade to work or not may affect this, but assuming you don't the question is:
Do you set it and forget it? Enter the trade with stop and target(s) and let it play out? or
Watch and manage the trade? In other words, do you move targets up/down. Move stops etc.
I'm interested in any and all feedback.
David
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