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Thursday 9 January 2014

Good Chart for Sharing

This chart shows the gain vs loss percentage. Think this is specially useful if you are doing short to mid term trading.

The charts show how much % gain you need to achieve for in order to break even with the amount of % loss. Example: for every 10% loss today, you will need to gain 11.11% tomorrow in order to break even.

This will help you to determine your stop loss price and target profit margin. For me, I uses a stop loss of 10-15%(highlighted below).


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