Masterm1ne, entries <b>and</b> exits are as essential for success in trading as the strategy you should be basing your decisions on.
Thinking that risk management will save you from death by ten thousand paper cuts is not the right way to approach trading. You can't expect poor entry points to work themselves out simply because you developed a marginally profitable risk management strategy. Risk management has more to do with size and leverage, than it does in determining stops. Stops are part of the strategy, not your risk management discipline. The use of robust indicators is not necessary if you can creatively devise non-extremum indicators that have no absolute high or low points. If you can do that your strategies will automatically become more robust because they will consider the entries in light of the exits and not treat any entry as a reason to apply risk management techniques.
