Exits

There's a powerful strategy waiting for you in trading: using Average True Range (ATR) to set your stops and trailing exits. By implementing ATR-based stops, you can adaptively protect your capital while allowing winning trades to continue running. This approach not only enhances your risk management but also maximizes your profit potential during trending markets. Understanding how to effectively use ATR can help you avoid premature exits and ride substantial price movements without emotional decision-making.The Mechanics of ATR: Understanding Average True Range Defining ATR and Its Role in Trading Average True Range (ATR) is a volatility indicator that quantifies the…