In this short article I will be addressing one of the keys to success in any business which is Money Management and Trade Management.
You know the TA, but now what? Have a Plan & keep is simple
Tradestation, my current charting provider has a good tool called Radar, which allows me to have the Average True Rang
As with all strategy and methodologies there are some essentials you need to know before you can understand how to implement and follow my logic when trading.
Swing Strategy Objective
Trade Potential is, for me, about utilising the Average True Range to have a reference of what I can expect price to do in any given day or week.