Redline = SL
Greenline = Entry (sustaining above it)
Blueline = Target (possibility, trailing sl advisable to protect profits)
--- --- --- ---
There’s no escaping risk:
However smart and experienced an investor/trader you are, there is no escaping risk while in the stock market.
“When you decide to put your money to work to build long-term wealth, you are not deciding whether or not to take risk, for risk is everywhere.
What you must decide is what kind of risk you wish to take.”
-- Bogle
Greenline = Entry (sustaining above it)
Blueline = Target (possibility, trailing sl advisable to protect profits)
--- --- --- ---
There’s no escaping risk:
However smart and experienced an investor/trader you are, there is no escaping risk while in the stock market.
“When you decide to put your money to work to build long-term wealth, you are not deciding whether or not to take risk, for risk is everywhere.
What you must decide is what kind of risk you wish to take.”
-- Bogle
Trade closed: target reached
Trade with caution and use strict SL.