Hello guys I need your help.
How do I paper trade with a pen and paper? I`ve got an entry point a take profit point and a stop loss. How do I write a particular trade on a piece of paper. I put in the entry point but how do I look at the graphic or take into account the fact that there is a stop loss which is likely to get triggered before the take profit point. How do I write this on a piece of paper and how do I know if the trade reached the stop loss before the take profit point.
Thank you very much
PS: Please if you don`t know how to help me with an answer don`t write on this thread and trash it I really need help here I`m in a tight spot.
How do I paper trade with a pen and paper? I`ve got an entry point a take profit point and a stop loss. How do I write a particular trade on a piece of paper. I put in the entry point but how do I look at the graphic or take into account the fact that there is a stop loss which is likely to get triggered before the take profit point. How do I write this on a piece of paper and how do I know if the trade reached the stop loss before the take profit point.
Thank you very much
PS: Please if you don`t know how to help me with an answer don`t write on this thread and trash it I really need help here I`m in a tight spot.