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Re: My Entry vs My Stop vs My Exit
Nice explanation with good VA. It's true that I need confirmation to take the short in the chart given. Why? Because I don't have a clue where my stop is or should be in the chart when the second top is not even finished yet. As mentioned earlier, I'm a freak with stop losses, so I have to see it to calculate the R/R. If I don't see the nearest top and I have to guess, then I'd rather stay on sidelines until the confirmation is shown. I assume you have an idea where your stops are, so I'd like to find how you use it.
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