Remy,
Agree, but don't worry too much about early entry.
Good if your indicators pick it up but not a fundamental for profitable trading.
Rest of your post is spot on.
Floating stops mandatory to limit loss and minimise selling into support. A widening of your stop parameters as the trade become more profitable is a must for this.
Trick still to be mastered by myself in 2003 is ability to buy back in after being stopped at profit on support.
(Hard little bugger to get right)
Rob.
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