Your explanation is so clear, this makes complete sense. It's amazing how many trading video's I've watched whereby a strategy is being explained and they say "place your stop just below the recent swing low (or above recent high)" .. the amount of times I've been stopped out because of this, then price goes in my predicted direction is crazy. Once again, I thank you for your brilliant education.
I've been watching a hundred of videos from different channel,but I found out that your channel giving me more detail information about indicator and price action. Thanks a lot.
wider the stop smaller the position and higher it has to go before it even hits 1R. In my opinion it's better to wait for big money to take out all the stops then jump in with a tigher stop. Seeing a doji candle, hammer, or being able to read footprint can help with that.
@@Marvooo74 basically, if your risk to reward is 1:3, and you add the ATR to your stop loss, you'll need a higher move up in price to have the same risk to reward ratio.
isn't it better just to double the atr and put that number as a stop loss? for example if atr is showing 20.00 dollars we double it and it's 40.00 dollars, so we just put 40 dollars as our stop loss, or maybe I'm wrong?
There's nothing wrong in being stopped by the stop-loss, especially in high volatility market. The trade you showed only means that your entry timing was off, nothing else. By widening your stop-loss you might get yourself in much deeper troubles than being "wicked out" on a single trade. If anything, you should refine you strategy, work on your timing or adjust indicators. Cheers!
An ATR can be used for your take profit also. Obviously you need to couple with other indicators to tell you when to enter but an ATR of 14 x 1, 2 or 3 is a much more fluid SL and will result in a dramatically increased trade success when compared with a rigid stop loss. When using an ATR your stop loss will be very tight during sideways markets. Much tighter than you might normally run them. Likewise your take profit ratio will reflect the current market conditions and likely result in a realistic small win. When the market becomes volatile both your SL and TP targets will adjust to these new conditions. Some traders tip the odds in their favor by running a 1.2 or 1.5 times take profit instead of the 2 or 3 times risk. Either way when you use a dynamic stop loss you get much more realistic exit points instead of hopeful ones. Happy trading!
You wouldn't get in deeper trouble. You adjust your risk and price per pip so risk the same amount per trade even if your stop loss is different each time.
Thanks a lot Labs for all you do. i use order blocks to place entries... so in my case most of the time before prices reach my order block a few candlesticks have formed mostly after the 14th candle too. so my SL will be 6 pips below the order block. so from the price of the SL do i use the ATR to its most recent value?
really good guide and easy to understand but i have a question when we go for a sell should we do a addition and not a subtraction so basically the opposite thing
You would usually want to set it at the recent highest low of the current trend. The trend breaks when a candle goes beyond the lowest low, by comparison.
why do you say that with a lower stop loss you will lose extra money? The risk per trade is defined by how much you are willing to risk per trade. So, If I have a trading account with 10k and I risk 2% then I risk 200 in each trade. Where I put the SL doesnt matter. If the SL is wider then I am gonna buy fewer shares in order to have 200$ risk. If it is tighter , then I am gonna buy more shares .
NEVER NEVER NEVER except NEVER. UR INVITING A CROOK TO RIP YOU OFF. THE HEAD OF THE SEC TOLD ME I WAS VICTIMIZED BY A ‘greedy floor trader” triggering a 24. Stop loss on a 34. ETF [ewc] a ten dollar split second dip. BS. don’t be stupid. Why “advertise” your willingness to sell anything lower than the actual price? There is ALWAYS a crook.
Unless I miss something because no one's perfect I did not see an example of it going down, just up. I tried your example going down and it went into my profit I'm, confused🤔
hello any one tell me abou how to use in in curencry pair and what abou to sell we should add or subtract the atr vaulue please tell me thanks i m so confues
You explained for long position so we shoud do this PRİCE-ATR=STOPLOSS but what about for short position? For short position should üe use this formula PRİCE+ATR=STOPLOSS?????
I make huge profits on my investment since i started trading with a professional broker Mrs Kathi Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
I appreciate you for the level-headed financial advice. I started my investment with $8,500 in just a week of trading with her I’ve gotten profits of $19,750 in my portfolio. Thank you Ma'am
Ever since i started trading with Mrs Kathi with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia
Imagine how satisfying it would be to scroll back up and press the like button, turning it into a crisp shade of blue.
Not so satisfying.
At the end of the day isn't it the thought that counts...?
@@TheMrFivebased
It turned white so I took it back
is it working for trailing stop loss?
Two years later, ain't blue LOL :)
Your explanation is so clear, this makes complete sense. It's amazing how many trading video's I've watched whereby a strategy is being explained and they say "place your stop just below the recent swing low (or above recent high)" .. the amount of times I've been stopped out because of this, then price goes in my predicted direction is crazy. Once again, I thank you for your brilliant education.
I've been watching a hundred of videos from different channel,but I found out that your channel giving me more detail information about indicator and price action. Thanks a lot.
wider the stop smaller the position and higher it has to go before it even hits 1R. In my opinion it's better to wait for big money to take out all the stops then jump in with a tigher stop. Seeing a doji candle, hammer, or being able to read footprint can help with that.
Can you dumb this down?
@@Marvooo74 basically, if your risk to reward is 1:3, and you add the ATR to your stop loss, you'll need a higher move up in price to have the same risk to reward ratio.
This is a great video! Thanks so much for it. I spent an hour trying to understand ATR yesterday but you broke it down amazingly.
Glad it helped!
Yes that's true. You made me simple. Thanks for the video
hey what time frame should i use with the atr strategy?@@TradingLabOfficial
The amount of bots in this comment section is insane
Thank you! I've been looking for a clear explanation of trailing stop losses and how to reduce the chance of getting stopped out. Like and subscribed!
Going to use this video in my trading next week.
Thank you so much for sharing this information in such a clear way! I am a beginner so it's ALL helpful for me.
Keep making content like this! This is a superb explanation!
More to come! Glad you enjoyed it.
This also works for buy and hold? Which timeframe for the ATR should be used for long investments?
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
@@martinthomas9371 bot go away
What’s the timeframe of the candle on this system that your advising then please
Me who never sets a stoploss
Thanks for this video.. Straight to the point and we'll explained....God bless
how do you get the stop and take profit chart to show up on trading view?
isn't it better just to double the atr and put that number as a stop loss? for example if atr is showing 20.00 dollars we double it and it's 40.00 dollars, so we just put 40 dollars as our stop loss, or maybe I'm wrong?
Great explanation of how to implement it.. and how it relates to our stop losses great job
great explanation of how to implement it.. and how it relates to our stop losses great job
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
These are nicely made.
Great clarification!!!
best video so far found Thnak you!
There's nothing wrong in being stopped by the stop-loss, especially in high volatility market. The trade you showed only means that your entry timing was off, nothing else. By widening your stop-loss you might get yourself in much deeper troubles than being "wicked out" on a single trade. If anything, you should refine you strategy, work on your timing or adjust indicators. Cheers!
An ATR can be used for your take profit also. Obviously you need to couple with other indicators to tell you when to enter but an ATR of 14 x 1, 2 or 3 is a much more fluid SL and will result in a dramatically increased trade success when compared with a rigid stop loss. When using an ATR your stop loss will be very tight during sideways markets. Much tighter than you might normally run them. Likewise your take profit ratio will reflect the current market conditions and likely result in a realistic small win. When the market becomes volatile both your SL and TP targets will adjust to these new conditions. Some traders tip the odds in their favor by running a 1.2 or 1.5 times take profit instead of the 2 or 3 times risk. Either way when you use a dynamic stop loss you get much more realistic exit points instead of hopeful ones.
Happy trading!
You wouldn't get in deeper trouble. You adjust your risk and price per pip so risk the same amount per trade even if your stop loss is different each time.
u have to pay (4:49)
This was amazing i always measure and right it. I didn't know how other way to applicate.
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
Thank you, I like these were you explain the why you do it and how it work.
Hi, TL. Can you make a video on how to rectify mistakes in barely hitting the limit order?
Investwith millian is her username for help.
Thank you so much. New sub here.
Does this work on any tineframe?
So you need to add the atr if you are taking a long position? And substract atr at a short position?
Thanks a lot Labs for all you do.
i use order blocks to place entries... so in my case most of the time before prices reach my order block a few candlesticks have formed mostly after the 14th candle too. so my SL will be 6 pips below the order block. so from the price of the SL do i use the ATR to its most recent value?
ATR doesn't work for me... i get no number its just blank all the time.
Very good quality videos!!! Thanks so much
Glad you like them!
Does this technique/indicator factor in pre/after price action?
Thank you.
What is the indicator sittings on 1 minute frame ?
What is the drawing tool you are using that shows the stop loss/take profit? (The green/red box?)
I need to know this to .
Its a regular feature in TradingView. It appears when you choose to "Long" or "Short" a position on Trading View.
You do not explain how to set a stoploss in sell trades you explain only buying trades stoploss
Greetings! How does one get that "box" on the chart that sets stop loss and profit exit? Thanks...!
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
What is a good ratio?
What time should I go off for day rating
Imagine Mr. Market Maker watching this video abt to destroy everyone's stops 💀💀💀💀
thank you thank you thank you
+1 thanks for this!
How to know when do set stop loss and take profit for bollinger strategy
really good guide and easy to understand but i have a question when we go for a sell should we do a addition and not a subtraction so basically the opposite thing
hey what time frame should i use with the atr strategy?
Amazing bro
Hello @TradingLabOfficial , do you also have a similar kind if video about Take profit?
great job
how to put the profit target
Do you use 5 min candles?
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
Tell us where to exactly Take profit
I am a complete beginner, but how do I even decide the original stop loss?
You would usually want to set it at the recent highest low of the current trend. The trend breaks when a candle goes beyond the lowest low, by comparison.
I think what he meant by original stop loss was the support line
can you do the opposite for take profits?
Investwith millian is her username for help.
Found it! th-cam.com/video/e4wkH6lmY7w/w-d-xo.html
How to do this om trading 212
why do you say that with a lower stop loss you will lose extra money? The risk per trade is defined by how much you are willing to risk per trade. So, If I have a trading account with 10k and I risk 2% then I risk 200 in each trade. Where I put the SL doesnt matter. If the SL is wider then I am gonna buy fewer shares in order to have 200$ risk. If it is tighter , then I am gonna buy more shares .
I have a question wen I want to go short do I have du make + instead of -
How wide should I set my stoploss?
how it call the last indicator
Dude keep up the great content!
Thanks! Will do!
What's the time frame of the chart you're using to use the ATR of the past 14 candle. Thanks
REACH HER ON HER TELEGRAM. .
Investwith millian is her username for help.
NEVER NEVER NEVER except NEVER. UR INVITING A CROOK TO RIP YOU OFF. THE HEAD OF THE SEC TOLD ME I WAS VICTIMIZED BY A ‘greedy floor trader” triggering a 24. Stop loss on a 34. ETF [ewc] a ten dollar split second dip. BS. don’t be stupid. Why “advertise” your willingness to sell anything lower than the actual price? There is ALWAYS a crook.
Have you got a signal group ?
Yes, check out my discord!
discord.gg/3hvhGtt2Rg
Unless I miss something because no one's perfect I did not see an example of it going down, just up. I tried your example going down and it went into my profit I'm, confused🤔
hey guys where do i find this stop loss and take profit i cant find it
hello any one tell me abou how to use in in curencry pair and what abou to sell we should add or subtract the atr vaulue please tell me thanks i m so confues
goated
y r u s0 amazinggggggg
This information is neither shown in the top-left of the ATR-field anymore
And - spread.
Did you ever trade my friend😊
You explained for long position so we shoud do this PRİCE-ATR=STOPLOSS but what about for short position? For short position should üe use this formula PRİCE+ATR=STOPLOSS?????
Actually, I think it was:
StopLoss = SupportLine - ATR
Im a rookie lame asz new trader
YES REACH HER ON HER TELEGRAM..
Investwith millian is her username for help.
👍
Yahweh
I make huge profits on my investment since i started trading with a professional broker Mrs Kathi Morgan, her trading strategy are top notch coupled with the little commission she charges on her trade. Thanks so much ma'am♥
I appreciate you for the level-headed financial advice. I started my investment with $8,500 in just a week of trading with her I’ve gotten profits of $19,750 in my portfolio. Thank you Ma'am
Wow! Pretty good please how can i reach this broker Mrs Kathi Morgan everybody is talking about? I want to invest i'm in Canada
Te-Iegr-am
@KATHIMORGAN3 is her user name for help..
Ever since i started trading with Mrs Kathi with the consistent weekly profits i'm getting there's no doubt she's the best. such a genius I have been withdrawing my profits thanks for your great work and God bless you more..from Slovenia
Too bad theses guys are thieves. They promise a working indicator which does not work then won't give refunds. Don't make the mistake that I made!
Indicator atr bands solves this
Yahweh