Lvup7 wrote:aliassmith wrote:Nice GBPUSD, I played between the marked price tags
yet there was another leg down.
It was a 10x move
BUT, Imagine all the adds you could have done on that move
even less aggressive, 1+1+1+1+1
The 1+1+1+1+1 is easy to learn and implement and can make a world of difference.
I know my account liked it.
Hi Alias, How are ya?
What made you hold for that long?
Well I set it up and fell asleep.
Also can you please explain the add on part, where would you add on? What are each add on decision based on?
Adding is part science and part art. You will want to figure out how to add and keep your breakeven/Stoploss behind key levels. I try to make my 1st add in a position to move my stoploss to zero risk. I would start with a 1+1+1 add process to practice. [/quote]