Search found 3 matches
- Thu Aug 13, 2009 1:05 am
- Forum: TheRumpledOne
- Topic: DTB: Trade management when it goes against you
- Replies: 6
- Views: 3276
- Gender:
You are right, retireme, for scalping trade, one must staring at the monitor to act quickly. I got carried away and was thinking of longer term trading. And I think adding and exiting trade gradually is a great idea. Some platform, like MB Trading, will merge you positions into existing ones and sim...
- Wed Aug 12, 2009 11:43 pm
- Forum: TheRumpledOne
- Topic: DTB: Trade management when it goes against you
- Replies: 6
- Views: 3276
- Gender:
Thanks for sharing, retireme and noone22. I think adding / removing position dynamically based on the price movement is a very clever approach. You are not trying to predict the price movement, but rather react to it. It does require you to be constantly monitoring the price movement in front of the...
- Tue Aug 11, 2009 11:25 pm
- Forum: TheRumpledOne
- Topic: DTB: Trade management when it goes against you
- Replies: 6
- Views: 3276
- Gender:
DTB: Trade management when it goes against you
So far I've seen tons of discussion regarding how DTB works, when you take entry, etc., but I didn't find a good thread discussing the existing strategy when the trade does not go as you hope. And I think it's an equally important topic for profitable trading. TRO mentioned that in trading "any...