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Why do you save up for years to learn and how to use trailing stuff.

Greg we should always protect our profits.

By moving the stop loss in our favor remember to not move your stops too quickly and give it enough

room to breathe Let's go back to this same scenario here.

Remember.

So the definition of a doctrine is high.

Highs and lows right.

As long as it's making high highs are lows it's Duntroon.

If you had gone short here at the very top of this trend you may simply stop above the highs.

Every time PRI's me to pull back and turn that marks a little high low low mating low low or high right

over here is trailing stop ok and what happens here mate.

Another pull back.

Don't move your stop loss yet.

OK still here it's failed to make a local

so it is thoughtless Dacier above the swing point until it makes a new low.

You may trail it slightly to this new low or high guys is only confirm price breaks the structure of

the last year.

That's when you know it's time to move your stops OK.

In this case you have stopped out over here because it never made a new low and you would have to leave

your tramstop right over here still rigging ice.

Here's the same chart that I would like to add to for you.

It's called the parabolic assy or the K and this is a tool I use to trim my stops.

OK so I'm giving it two options.

One has to look at the market structure and just fall on price.

The other one is just following this parabolic as they are right so let's see a short here and you're

wondering where prices go to.

If you have well this indicator you and I've been Stumptown over here just the stock assembly on the

dot a few pipes above that but right this is your exit

if you'll get a structure to drill the stops.

There were those little higher those little high or low low or high lower though.

Right there is thoughtless price.

Never made a lower low truckstops stays here

straight here.

Have used the pablum as they are you have got a pretty long way.

At this point if you're just looking at the structure right there OK.

This is where it is tough to mean a new low.

I'll stop right here stop out of here which is very decent.

It's not quite possible for us to capture the whole meaning to turn a top and exit at the bottom right.

I thought I was going to capture the main chunk of the move.

Does goodness.

Of course you get paid attention to the levels on the left side.

You may have gotten a better exit for example right and just demanded I will

have captured most of the most of your.

Same thing.

Well this last move.

There was simply trail along the parabolic as they are looking at market structure and this case of

stop loss will have been over.

You guys that covers Madill drillings the.