Luna Long W/ Low Risk Entry for Trend traders

Low risk long entry on Luna. The previous low is a bit too far away for a "low Risk" trade but this chart seems to be respecting the fibs and so using a close below the .786 as a stop loss is really tight but that's just what you have to do.

The proper thing to do here would be to reduce your trade entry size and allow for the market to stop you out below prior swing lows. But if you are a bit aggressive and want to manage risk correctly you have to bring those stops up closer.

The price you pay for the opportunity is the increased likely hood that you will get stopped out.

评论:

Could also use the .618 as a stop to give a bit more breathing room. maybe something like this. .
take 50% off at .786
stop out 100% if close below .618