Stop Loss Stop Loss Trailing
i ve got a problem when i go long or short i start to earn money but i dont know when i must to exit so my profit became lost i use 1 minute chart with Exponetial moving average i buy and sell on breackout does any one knows the formula where to put stop loss and the trailing stop ???
for example i buy at 1 $ go long i start to earn in trend after 10 minutes 1.50 $ where i must to put the stop at 1.40 1.30 ???
i know there is a formula which use Average true range to calculate the trailing stop ???
thanks a lot
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