Sign Out This is a weekly chart (each bar represents one week) so we can see that we’ve missed the bottom last week. We can zoom in to see if that would have presented us an opportunity.
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The Bullish Gartley Pattern Paying for research and analysis can be both educational and useful. Some investors may find watching or observing market professionals to be more beneficial than trying to apply newly learned lessons themselves. There are a slew of paid subscription sites available across the web, the key is in finding the right ones for you. View a list of the services I use myself. Two well-respected services include Investors.com and Morningstar.
If you want more information, I have Market Mastery newsletters that were devoted to business planning.
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Fair trade I asked Ken about how his advice applies in view of the fact that many trading systems are automated. Here’s how he responded:
2 Published 25 days ago DIY Crafts Shop Now You’ll learn more about money management in a later lesson. Money management plays a big role in how much you should risk in a single trade.
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**2. Adjusting our stop-loss. This is the one you will use most often (as in every winning trade). I like to move my stop-loss to my entry price as soon as possible. This means that if that market moves against you then you still don’t lose any money. I will normally wait until there is a new solid level of “support” created and then move the stop loss up to this new level. A support level is a price at which there is resistance to the market moving below. This is usually created by a small pullback. Continue to adjust your stop losses as the market moves in your favor.
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