I asked this question before but didn't get an answer. Maybe I missed it.
If in a trade, suppose long trade, then we get another opportunity to go long, what do we do?
Do we ignore the new opportunity?
Do we use the price projection of the new opportunity and change our stop loss accordingly?
Do we close our old position and open a new one?
Would appreciate a reply.
Thanks.
If in a trade, suppose long trade, then we get another opportunity to go long, what do we do?
Do we ignore the new opportunity?
Do we use the price projection of the new opportunity and change our stop loss accordingly?
Do we close our old position and open a new one?
Would appreciate a reply.
Thanks.