Best average profit and stop-loss

CONTENTS

    Pricing plans and indicator

    Hi there, here's Daveatt from TradingView.

    The signals and trading method frameworks are available to our VIP subscribers.

    More info available on our Pricing Plans page.

    Why best average values don't work?

    With a backtest, we'll always find the best average stop-loss and take-profit but that's not how trading works.
    It doesn't account for market conditions and slippage.
    Very often with a backtest, your stop order won't get hit but will be with Live trading.
    Why so? the answer is slippage. Basically, we set our stop order, we clearly see the candles are 15 pips away from it but we get stopped out anyway.
    Do you know now what I'm talking about? Painful right?

    Whatever the best average values we find, they'll often be relevant when the volatility decreases/increases or whenever a news/major event occurs

    A quite note

    Each screenshot below is clickable and can be enlarged for better visibility

    Twitter penny stocks Signals

    AVGO TOL TCS

    TradingView trade AVGO TOL TCS TradingView trade AVGO TOL TCS TradingView trade AVGO TOL TCS

    FNKO FNMAS FRO

    TradingView trade FNKO FNMAS FRO TradingView trade FNKO FNMAS FRO TradingView trade FNKO FNMAS FRO

    GGB HL HMY

    TradingView trade GGB HL HMY TradingView trade GGB HL HMY TradingView trade GGB HL HMY

    IBIO ICD KGC

    TradingView trade IBIO ICD KGC TradingView trade IBIO ICD KGC TradingView trade IBIO ICD KGC

    MGI MTDR NATTradingView trade MGI MTDR NAT TradingView trade MGI MTDR NAT TradingView trade MGI MTDR NAT

    Discord Trades

    BATS:AAL

    Asset: American Airlines Group Inc
    Direction: Long
    Timeframe: 5 minutes
    Take Profit 2 price: 12.69
    Pips/Points gained: 0.5
    Percentage move: 4.1%

    TradingView trade Entry Signal Time 147 1710


    BATS:UAL

    Asset: United Airlines Holdings Inc
    Direction: Long
    Timeframe: 5 minutes
    Take Profit 2 price: 34.22
    Pips/Points gained: 1.4
    Percentage move: 4.26%

    TradingView trade Entry Signal Time 147 175


    More Twitter Signals

    NBL NOK OPK

    TradingView trade NBL NOK OPK TradingView trade NBL NOK OPK TradingView trade NBL NOK OPK

    OSG OVV PBI

    TradingView trade OSG OVV PBI TradingView trade OSG OVV PBI TradingView trade OSG OVV PBI


    Do you want a better Trading Performance?

    Hey, I'm Dave. I'm determined to make a trading account grow.
    My only question is, will it be yours?

    The signals and trading method frameworks are available to our VIP subscribers


    About Dave


    He is the co-founder of Best Trading Indicator. Previously a quant trader for a french bank in New York City, he's been trading full-time for the past 8 years.

    Dave used to teach his professional traders how to use his trading algorithms.

    Best Trading Indicator is 1 year old and already counts 600 recurring subscribers profiting from our trading course and TradingView signals.

    Learn more


    Do you want a better Trading Performance?

    Hey, I'm Dave. I'm determined to make a trading account grow.
    My only question is, will it be yours?

    The signals and trading method frameworks are available to our VIP subscribers