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Abhishek Singh Profile picture
Abhishek Singh
@niftyaddict
25 | Option Writer | Full time trader | Banknifty | Mechanchie | Ex Patent Analyst
Aug 19, 2020 • 6 tweets • 3 min read
#Thread
How to Place Stop Loss and Trail Stop Loss in Intraday trades.
This is the biggest problem which every trader faces where to keep SL if breakout happened and you have entered the trade. Initially you can take SL as the low of the breakout candle in 15 min.(1/n) If the breakout candle low is too far than you can place SL below VWAP or the below previous swing low.

Now How to ride the trend in Intraday by trailing SL.

IF you will use 20 EMA its too fast and profits can run away(2/n)