Trends are identified as they are developing so traders catch a bigger portion of each move. Often gives back a large portion of profits, sometimes turning a profitable trade into a losing trade. Stops are placed based on how related markets are affecting the market being traded. Stops are determined by looking at the traded market, based on commonly used indicators such as trend lines, which tend to cluster stops. False trading signals are minimized because the full picture is taken into consideration, not just a small piece of it.
False signals are common during sideways markets resulting in frequent losing trades.
The comparison shown above can mean the difference between winning trades or losing trades. To learn more on how to use VantagePoint to improve your trading results, click here . Code VP1 Copyright 2001 Market Technologies Corporation. All Rights Reserved. VantagePoint, ProfitTaker and Market Technologies Corporation are trademarks of Market Technologies Corporation.