How to Calculate a Stop Loss using Excel
I found a video entitled like this on Youtube. Dude, seriously?!
This is why many traders fail, because they have been taught that their trades must have fixed SL, TP etc. The markets are much more fluid than you think. You cannot ‘predict’ the stoploss or the takeprofit no matter how many calculations you make. You can, at most, estimate them… which case you do not really need so many calculations. Better focus your time and mental energy on something else.
I’ve managed to watch 30′ of that video, BTW.
The nerve of some people!!!
If they want to advertise their products on my videos pages, they should at least write a few good words about my video first, right? 🙂
…meanwhile I’ll just keep reporting them to Youtube. Hopefully I won’t have to disable the comments because of them.