Disliked{quote} HI Emmanuel, Can I know how many percentage you are willing to risk for each H1 trade, comparing those D1 trade? Remember you mentioned before that you normally risk 1% for each D1 trade, while may like 0.2% for each entry as ME/ME. muyirIgnored
Hi Muyir
I have different accounts for H1 Intraday trading and the other 4H swing trading and D1 Position Trading.
For intraday trading, I use the multi-lot entries and scale-out when possible.
For this EJ trade, I open buy with 3 Lots, scale-out 1 Lot at +75pips and now manage in H4 by trailing behind the previous 2 bars/candle low. This will most likely to be stopped out when the price goes into contraction with small candles and fail to make higher high, higher low.
regards,
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett