InvestorsHub Logo
Post# of 18
Next 10
Followers 416
Posts 52354
Boards Moderated 13
Alias Born 12/16/2001

Re: None

Thursday, 09/25/2014 10:00:13 PM

Thursday, September 25, 2014 10:00:13 PM

Post# of 18
CRITICAL PRICE
Once a trade has progressed to the CP, there is a degree of profit in the trade.
A tentatively profitable trade no longer need carry the risk of loss, since the basis for that trade was valid.
CP is reached about 85% of the time .
MANY TRIDENT TRADERS TAKE PROFIT HERE.

Reaching CP is proof that P3 is valid.
PROTECTIVE STOP should at least be moved to BREAK EVEN.

PAGE 59

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.