Safety Stops – Premium

Today we are going to talk about the proper use of safety stops.  One of my biggest obstacles to successful trading was, and still is, not using my safety stops in a proper manner.  Most importantly, this means I would break my rule of placing my safety stop one or two ticks below the signal…...

Today we are going to talk about safety stops and the proper use of them.  When using safety stops, it is important that we use the price structure itself to help ensure that we don’t get stopped out on noise alone.  I often have traders contact me and tell me that they are following the…...