Technicality: Way To Navigate Our Position
There are two style of trader after a position is opened: Do Nothing and Navigate Price Movement.
The first style is commonly done by beginner. The strategy is usually will define a fix TP and SL by relying on percentage or pips number. Some will do trailing stop to enhance the profit. After a while, this style become habit, and most trader follow this style for the rest of their life. I was curious. I wanted to find alternative, experimenting way to optimize profit. This led me trying to navigate price movement.
Navigating means we monitor the price to find a better location to close position. I used many method and indicators, some were looked promising but fail to beat previous style. Some can generate better profit, but on some circumstances, all benefits were forced to be returned back. When I wasn't strong, I had given up as well, stick to only first style. Patient was the reason for a breakthrough, I finally understood how to navigate the price properly. The best tool is price action. The answer is Market Dynamic. Combine these together, market will show you where to open and close position properly. Trading becomes easy, with minimum risk and maximum profit. Market is never lie, our eyes do ...
There are two style of trader after a position is opened: Do Nothing and Navigate Price Movement.
The first style is commonly done by beginner. The strategy is usually will define a fix TP and SL by relying on percentage or pips number. Some will do trailing stop to enhance the profit. After a while, this style become habit, and most trader follow this style for the rest of their life. I was curious. I wanted to find alternative, experimenting way to optimize profit. This led me trying to navigate price movement.
Navigating means we monitor the price to find a better location to close position. I used many method and indicators, some were looked promising but fail to beat previous style. Some can generate better profit, but on some circumstances, all benefits were forced to be returned back. When I wasn't strong, I had given up as well, stick to only first style. Patient was the reason for a breakthrough, I finally understood how to navigate the price properly. The best tool is price action. The answer is Market Dynamic. Combine these together, market will show you where to open and close position properly. Trading becomes easy, with minimum risk and maximum profit. Market is never lie, our eyes do ...
Automated Trader Base on Price Action, Fibonacci, Imbalance and Liquidity
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