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Al - perhaps the theory sounds great of entries being irrelevant, but the practical use of that is marginal at best. Don't take my word for it, test it and trade it live and let us know how it goes. |
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Entries are important of course! I do not say one should buy randomly to make profit. My point is that volatility trailing stop works even if you buy randomly.
Of course, a good trading strategy consists of a good entry strategy and a good exit strategy. But many non-professional traders frequently set stress on a good entry, but choose a bad or no exit one.