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confirmation on stop loss

Scheduled Pinned Locked Moved Ask Prashant
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  • S Online
    S Online
    Siddhu Alimelu
    wrote on last edited by
    #1

    0157fc79-46f3-4010-928c-99c7ba10b204-image.png

    After anchor column we got double top buy and stock got consolidated for few sessions.
    stopped out - Double bottom sell (Which is marked in yellow).
    Just want to get clarity where to keep stop-loss at double bottom sell or two times of ATR % (Trade is for positional)
    Stock is in uptrend and price didn't close below previous high - exiting the stock and re- enter at another double top buy is best idea or placing the stop-loss two times of ATR%

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  • Prashant Shah Offline
    prashant.shah26@gmail.comP Offline
    Prashant Shah
    wrote on last edited by
    #2

    Pros and cons of each strategy. You can try D Smart indicator for trailing the trend.
    You can also consider the method of re-entry if the initial risk is affordable.

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