best principle of trading is SET ,
s=stop
e= entry
t= target
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when u think of stop first, many greed driven potential trade nullified, as for stop placing price try to bottom down first, considering long entry.
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Set & forget is mechanical entry , strongly associated with neutral mind trader, Really young teacher dont bother for loss , so he is damn confident , his winning trade , nullify losers and give him +ive return.
From aspect of trade learning its far better.
Why SAM use it? ANS: its suit his temperament.
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2 great traders Uashis/Mr H - believes only in active trade management, and if they have to go toilet , they exit first,- they believe so imp is active trade management , as it suits them.