Okay so how do you minimize your risk in trading reversal setups? I only trade with the trend which is of course means waiting for the direction to be established. This usually doesn't happen at the very bottom or very top of price moves and takes a while to truly be established. I can't seem to find myself able to trade reversal setups because it feels a bit random to me and because I feel like I can't manage risk as well. I also feel like I miss a lot of good opportunities. Anyone care tto explain their process and risk management (stop loss) about trading reversal setups? indicators as well if possible they use etc strategy?
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye
- | Membership Revoked | Joined Nov 2010 | 3,324 Posts
Once You See, You Can't Unsee But You Will Get The Odd Poke In The Eye