IOTALong
trading ICOs part 3 IOTUSD - Adjusting stop loss
To adjust the stop loss - we wait until a new high forms.
1/ Find the new high candle
2/ Count back 2 days candles
3/ From this 3rd candles' base draw your new stop loss level.
You have now locked in your profit.
Rinse and repeat each new high or until you get stopped out.
1/ Find the new high candle
2/ Count back 2 days candles
3/ From this 3rd candles' base draw your new stop loss level.
You have now locked in your profit.
Rinse and repeat each new high or until you get stopped out.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.