The Traderszone Network

Published in TZ Latest News 20 July, 2017 by The TZ Newswire Staff

Ross Hooks (or other patterns) entries based off of stop loss distance

I have been trading Ross Hooks for quite some time. I’ve been noticing that some of the trades are not worth it when the potential stop loss (by using the recent swing low or high) is too far from the entry.

Has anyone else noticed that? What is too far of a stop loss for you to want to take an entry into a position?

Published in TZ Latest News 20 July, 2017 by The TZ Newswire Staff

Ross Hooks (or other patterns) entries based off of stop loss distance

I have been trading Ross Hooks for quite some time. I’ve been noticing that some of the trades are not worth it when the potential stop loss (by using the recent swing low or high) is too far from the entry.

Has anyone else noticed that? What is too far of a stop loss for you to want to take an entry into a position?