OK, I made myself clear regarding loosing trade. I believe these techniques will help me to achieve better trading results. 1. Cut losses fast. 2. Never enter your entire position at one price. 3. Never use inverted pyramiding. Happy trading! :-) ...
I used to trade AUD/NZD (intraday trading) and averaging 2-3 times worked fine for me (I remember there very few days in last year when I did 4 averaging and and lost ~10% of capital. risky business, though :-) but since the pair was moving up and ...
ok, let me put my question other way. I want to trade EUR/USD and GBP/USD (both are trending pairs and the spread is low). If position goes my way (+) after 25 pips I open 2nd position into that direction. If position goes 25 pips the other way I ...