• Home
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • User/Email: Password:
  • 1:37pm
Menu
  • Forums
  • Trades
  • News
  • Calendar
  • Market
  • Brokers
  • Login
  • Join
  • 1:37pm
Sister Sites
  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Options

Bookmark Thread

First Page First Unread Last Page Last Post

Print Thread

Similar Threads

EA "Close all positions at profit target" closed all positions at loss ? 8 replies

what kind of position managment do you have? 5 replies

What kind of account(s) do you have? 0 replies

What Kind Of Trader You are & Which Trading Style Suit's You? 0 replies

What kind of Money Management rules do you have? 19 replies

  • Trading Discussion
  • /
  • Reply to Thread
  • Subscribe
Tags: What kind of rules do you have for opening additional positions once in profit?
Cancel

What kind of rules do you have for opening additional positions once in profit?

  • Post #1
  • Quote
  • First Post: Jan 10, 2007 11:18pm Jan 10, 2007 11:18pm
  •  Hagbard Celine
  • | Joined Aug 2006 | Status: Aspiring Market Sniper | 133 Posts
I've noticed this an area of difficulty with me. I find that I have a difficult time managing the positions if the second one happens to go negatively.

While just not opening new positions or, at least further away, would seem like the logical answer, I'm looking for something a bit more methodical.

What kinds of strategy do you employ in these situations? Smaller position sizes for the additional positions? Do you use a set amount you have to be in profit before you add, or discretion?
  • Post #2
  • Quote
  • Jan 11, 2007 12:10am Jan 11, 2007 12:10am
  •  hilmy83
  • Joined Jun 2006 | Status: Do NOT tilt | 5,708 Posts
i also need help on this, although i do believe in adding smaller positions than you started since you don't want to really wipe out the gains you made with the added positions
Working towards CME membership
 
 
  • Post #3
  • Quote
  • Last Post: Sep 8, 2018 9:25pm Sep 8, 2018 9:25pm
  •  Pro.yingYang
  • | Joined Jun 2018 | Status: Member | 34 Posts
Hi,

You would find that you are more willing to add to losing position that winning position. You probably add more and lose exponential faster. Ironic that negative goes faster that positive.
Not sure how you trade. But remind you that overall winning can turn overall lost pretty fast. Make your price spacing bigger for another trade.
For adding position strategy, you should focus on at what price to add. Relevant to time.

Regards
Yy
 
 
  • Trading Discussion
  • /
  • What kind of rules do you have for opening additional positions once in profit?
  • Reply to Thread
0 traders viewing now
Top of Page
  • Facebook
  • Twitter
About FF
  • Mission
  • Products
  • User Guide
  • Media Kit
  • Blog
  • Contact
FF Products
  • Forums
  • Trades
  • Calendar
  • News
  • Market
  • Brokers
  • Trade Explorer
FF Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow FF
  • Facebook
  • Twitter

FF Sister Sites:

  • Metals Mine
  • Energy EXCH
  • Crypto Craft

Forex Factory® is a brand of Fair Economy, Inc.

Terms of Service / ©2023