Setting Stop Loss
In this post viewtopic.php?p=1295509456#p1295509456 we showed you Inverse On entries to use in risk-free trades and I said no rules just behaviours. Well as a result of price behaviour - there is something close to a rule I should mention - YOU CANNOT HAVE STOP LOSS IN TRADING SPACE. Placing stop loss within range can easily compromise risk-free space. Appreciate that you can have fluctuants (e.g. topological mixing), arising from all sorts of sources including so-called news etc and placing stop loss within the range defined as trading space on deploying any of the Inverse On entries here viewtopic.php?p=1295509456#p1295509456 introduces risk into that space. So please use diagram below (which some may view as more or less the same as having no stop loss but it is not). I have been thinking how to say this without an outcry and confusion given there is still not widespread understanding of the underpinning concepts by which Orbit the Tool reads the market. This principle was applied in my btc trade last weekend and anyone who followed that trade would have observed how many times price came towards my stop but never violating it because I followed this "rule." Another equally critical "rule" if you can call it a rule - is that the set of cues you elect to use among the set of Inverse On entries given must indicate in FLE to qualify. Meeting cues and entering trades in a mature trajectory (i.e. long after the train has left the station), can bring you grief without Orbit being wrong in any sense.
The Crow - Inverted (-_-)
PS: This really is saying that at any time for any trade you must put put loss = market and some may come in late and but it is too far away at the time I entered trade but you can only set stop to market stop otherwise you increase your risk and market stop is always indicated just above symbols in the top right hand corner of screenface.
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Re: A New Trading Game (chaos game) Played for Money and Played in Risk- Free Space
Darkdoji, Thu Apr 13, 2023 10:57 am