Dear Seniors (Amit, Joy, Saint, Creameeee)
Once a trend has been identified, take for example, GardenSilk, Abishek Industries, how to calculate the Exit Price?
Its like this, you enter a trade after feeling a trend change (Break-Up) is going to happen.
Every day you keep your Trailing Stop Loss. All this is fine.
But I want to know is there any way or formula to calculate the Exit Price of the Break-Up?
Please input your ideas or experiences on this. As, this will help us to exit a trade with decent profits..
Satya
Once a trend has been identified, take for example, GardenSilk, Abishek Industries, how to calculate the Exit Price?
Its like this, you enter a trade after feeling a trend change (Break-Up) is going to happen.
Every day you keep your Trailing Stop Loss. All this is fine.
But I want to know is there any way or formula to calculate the Exit Price of the Break-Up?
Please input your ideas or experiences on this. As, this will help us to exit a trade with decent profits..
Satya