Tag: risk management for trading

Follow Trading Signals Correctly: Entries & Management

Here’s a video that starts off with our Trade Scalper software running on n a 1-Minute E-mini S&P 500 chart (ES 09-20). The idea is to place an order soon after a Trade Scalper Long or Short signal. In this case, we start with a Long (buy) signal when the candle closed at 3028. Remember, moving your entries, profit targets stops, etc. creates a problem because you will put yourself “at the back of the line” and you may not get what you want in time. You don’t want a worse fill. The longer you are exposed to the market,...