Good advice. I usually try to get in on a second or fourth wave retracement in an Elliott 5 wave impulse move. Look for an entry down at a previous demand (support) level. Don't go in on a surge, half way through with everyone else.
Good advice. I usually try to get in on a second or fourth wave retracement in an Elliott 5 wave impulse move. Look for an entry down at a previous demand (support) level. Don't go in on a surge, half way through with everyone else.
RE: Trader Question: What's your approach to reduce a stop loss during a trade?