Disliked{quote} Same here. Only you have yours way higher. My top order 91.11. Target 90.08 . If momentum persists! Davit can you tell me your vision on multiple orders idea? If you know for fact that price is going your way why not just use 1 order with higher volume? I am trying to understand the concept.Ignored
Pros approach trading from Risk factor
Rookies approach from profit factor
Now suppose you entered CJ short full lot at 91 and price went to 9137 that's -370 dollars and now you are shitting in your pants and panic and get out with -370
Same order at 1 dollar a pip could cover 91-9137 and gave you an edge both mentally and financially.This allows time to work for you.What does that mean?Well its the whole concept about PA.PA is nothing more then transactions taking place over time but if you are too deep in the hole this factor is eliminated to work for you and also psychologically you are stressed which is more reasons that you are likely to revenge trade to get your money back and further get into the hole.
Should you want to get out you can always not enter rest of ME and your damage is minimal
I hope this makes sense to you and also nobody knows the future for a fact.Its all probabilities
In trading, you have to be defensive and aggressive at the same time
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