DislikedHi guyz...
Do you add to wining positions or always close a trade before the next one?...
I've added a new position and trail stop loss to BE on the first one.....
I did it only on my Demo account...
What is your experience about that?Ignored
most of the times there isn't enough time to analyze properly and decide about adding to already open trade,
because your initial T/P is getting hit or your trailing S/L is getting hit; and you already looking for a fresh entry.
On another hand, when scalping I'm using 10 lots for entry, so it gives enough profit on good trades anyway.
Of course, ... on longer time-frames which are more relaxed I'm considering this very often and doing so as well.
Especially when entering trade with a small lot and this trade is nicely going your way.