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ChrisHartwig
No SL trade management strategys / alternatives
in
General
Jan 04, 2023 at 13:06
As for hedging, I'd recommend https://www.youtube.com/@NickShawnFX but I'm not sure I'd recommend doing it :) YMMV but I wish you prosperity
No SL trade management strategys / alternatives
in
General
Jan 02, 2023 at 02:45
In 2023, I'm going to practice (demo account) using pyramiding (adding to positions when in profit). One benefit is that you start a position with a lower lot size, ie. a smaller potential loss.Also I'll try inverse pyramiding: lowering my position size if market moves against me (ie. taking partial loss).I think Stop Losses are a good thing if we can put them at a place that makes sense (if my SL is hit, it means market reversal). If that's not practical, then using a lower initial lot size reduces the impact of a SL, and reducing size if market moves against me should help too.Bu...
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