I am closing my earlier trade with 0,08% (of total account) loss because price action on lower TM signalled that my analysis seems to be wrong.
Triangle is still worth a trade, so I reconsidered my count and opening trade in the opposite direction.
Position size: limited by the rule that holding of a single company should not exceed 5% of the total portfolio, Risk on trade: 0,10% of the total account Risk reward: 3.0 Exit strategy; close 100% at TP Duration; 1 week. Daily monitoring.
Looking at such prompt PA
I decided to add LKOH futures to the trade. Risk exposure has increased. I will have to monitor the trade. But the trade 'feels right.
I decided to add LKOH futures to the trade. Risk exposure has increased. I will have to monitor the trade. But the trade 'feels right.