Hello everyone!
Such an impressive long trend on D1 chart.
I'm looking for long position from here with 50% volume, and after the price breakout to high point I go with the other 50% of my position.
Why like that?
Let's give you an example:
- I want to buy 10 shares of FB but right now the price is at important price, but my analysis say: Buy
- I buy 5 shares to have a low risk then the original. If the price go down and take my SL I lost with 50% less
- If the price go above the high point, I buy my other 5 shares and secure the other 5 that I already have in the market. Now I have 10 shares in market and the same risk 50% of my original position.
I hope I make it clear!
Enjoy it!
Such an impressive long trend on D1 chart.
I'm looking for long position from here with 50% volume, and after the price breakout to high point I go with the other 50% of my position.
Why like that?
Let's give you an example:
- I want to buy 10 shares of FB but right now the price is at important price, but my analysis say: Buy
- I buy 5 shares to have a low risk then the original. If the price go down and take my SL I lost with 50% less
- If the price go above the high point, I buy my other 5 shares and secure the other 5 that I already have in the market. Now I have 10 shares in market and the same risk 50% of my original position.
I hope I make it clear!
Enjoy it!